Examlex
Eluviation refers to the leaching of minerals and finer soil particles from the upper layers to the lower layers of soil.
Activity Cost Pools
Groups of costs categorized based on the activities that incur the cost, used in activity-based costing.
Machine-Hours
A measure used in accounting to allocate manufacturing overhead costs to each unit of production, representing the number of hours a machine is operated.
Batches
Quantities of goods or materials processed or produced at one time during manufacturing.
Overhead Cost
Indirect expenses related to manufacturing or production, which are not directly tied to a specific product, such as rent, utilities, and salaries of managers.
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