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If the costs for direct materials, direct labor, and factory overhead were $60,000, $35,000, and $25,000, respectively, for 20,000 equivalent units of production, the conversion cost per equivalent unit was $6.
Home-based Business
A business operated from the owner's home, leveraging the internet and digital tools for managing business activities and reaching customers.
Data Collision
When two computers send data at the same time and the sets of data collide somewhere in the transmission media.
Transmission Media
Refers to the physical pathways that connect computers, other devices, and people on a network, allowing data to be transmitted from one place to another.
External Network
A network that is outside of an organization's internal or proprietary networks, usually referring to the public internet.
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