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Cost-Based Transfer Prices
A pricing method used within a company for goods and services sold between its different divisions, based on the costs incurred in producing those goods or services.
Actual Costs
The genuine and overall expenses incurred for materials, labor, and overhead in producing a product or providing a service.
Standard Costs
Standard costs refer to the predetermined costs associated with manufacturing a product or providing a service, serving as a benchmark for assessing performance.
Shared Service Units
Internal service providers within an organization that offer their services to various departments, aiming to improve efficiency and reduce costs by centralizing support functions.
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