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Which of the following is the shape of an action-state symbol?
Casting Department
A specialized division in manufacturing where molten material is poured into molds to form products.
Predetermined Overhead Rate
A rate calculated before a period begins, used to apply manufacturing overhead costs to jobs based on a certain activity, such as direct labor hours.
Machine-Hours
A measure of the amount of time a machine is operated, used in cost accounting to allocate expenses based on machine usage.
Job-Order Costing System
An accounting method that assigns costs to specific batches or job orders, useful in custom or batch production environments.
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