Examlex
The value of is
Activity Cost Pools
Groupings of individual costs, typically by department or activity, used in activity-based costing to allocate costs to products or services.
Time-Driven
A method or approach that relies on time as the main factor to drive processes, activities, or costing.
Activity-Based Costing
A costing method that assigns costs to products or services based on the activities they require, aiming to provide more accurate cost information.
Unused Capacity
Refers to the part of a company's production capability that is not currently being used for production. It indicates resources that are currently idle and not generating revenue.
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