Examlex
Social class background is not a factor in the sorting process in U.S. education.
Equipment Depreciation
The process of allocating the cost of tangible assets over their useful lives, reflecting the decrease in value of equipment over time.
Activity-Based Costing
A costing method that assigns overhead and indirect costs to related products and services based on their usage of those costs.
Indirect Labor
Labor costs not directly associated with the production of goods or services, such as supervisory or maintenance labor.
Equipment Expense
Equipment expense refers to the cost associated with purchasing, maintaining, and using equipment in a business operation, usually accounted for over the equipment's useful life.
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