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Whitley Corporation identified four operating segments: Automotive, Electrical, Lawn Equipment, and Sporting Goods. Automotive met the revenue test and the profit or loss test. Electrical met all three tests. Lawn Equipment met only the asset test. Sporting Goods did not meet any of the three tests. Which of these segments must be disclosed separately?
Activity Rate
A measure used in activity-based costing to assign costs to activities based on their use of resources.
Batch Setup
The process of preparing equipment and machinery for a specific batch of production, including configuration and adjustments.
Activity Cost Pools
A method in cost accounting where costs are accumulated according to activities performed, facilitating more accurate product or service costing.
Activity-based Costing System
A method of allocating costs to products or services based on the activities that go into producing them.
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