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Developers of decision support systems have made them less flexible compared to management information systems.
Activity Rates
Metrics used in activity-based costing to allocate costs to products or services, based on activities that drive costs instead of traditional cost drivers like direct labor hours.
Factory Overhead Budget
A factory overhead budget estimates the total costs of all indirect manufacturing expenses expected during a specific period.
Direct Labor Hours
The total time workers spend directly manufacturing a product or providing a service, used in costing and operational efficiency analysis.
Fabrication Department
A division within a manufacturing facility where raw materials are assembled or processed into finished goods.
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