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Activity Pools
Groups of individual tasks or work processes that are categorized together to allocate costs in activity-based costing.
Factory Overhead
Factory overhead comprises all indirect costs involved in the manufacturing process, including utilities, maintenance, and factory equipment depreciation.
Factory Overhead
Indirect manufacturing costs that cannot be directly attributed to specific units produced, such as utility costs, maintenance, and salaries of non-direct labor.
Activity-based Costing
A costing methodology that assigns costs to products or services based on the activities that go into making them, aiming to provide more accurate product costs.
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