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The workforce in developed countries is exhibiting all of the following trends except:
Activity-Based Costing
A costing methodology that assigns costs to products or services based on the activities they require for production.
Machine-Hours
A measure of production time using machinery, often used as a basis for allocating manufacturing overhead to products.
Overhead Cost
The indirect costs that are not directly tied to production or sales, such as rent, utilities, and office expenses.
Activity-Based Costing
A costing methodology that assigns overhead costs to products based on their consumption of activities.
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