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  2. Activity-based costing - Wikipedia

    en.wikipedia.org/wiki/Activity-based_costing

    Direct labour and materials are relatively easy to trace directly to products, but it is more difficult to directly allocate indirect costs to products. Where products use common resources differently, some sort of weighting is needed in the cost allocation process. The cost driver is a factor that creates or drives the cost of the activity ...

  3. Process costing - Wikipedia

    en.wikipedia.org/wiki/Process_costing

    Process costing is an accounting methodology that traces and accumulates direct costs, and allocates indirect costs of a manufacturing process. [1] Costs are assigned to products, usually in a large batch, which might include an entire month's production. Eventually, costs have to be allocated to individual units of product.

  4. Resource allocation - Wikipedia

    en.wikipedia.org/wiki/Resource_allocation

    In economics, the field of public finance deals with three broad areas: macroeconomic stabilization, the distribution of income and wealth, and the allocation of resources. . Much of the study of the allocation of resources is devoted to finding the conditions under which particular mechanisms of resource allocation lead to Pareto efficient outcomes, in which no party's situation can be ...

  5. Cost accounting - Wikipedia

    en.wikipedia.org/wiki/Cost_accounting

    An important part of standard cost accounting is a variance analysis, which breaks down the variation between actual cost and standard costs into various components (volume variation, material cost variation, labor cost variation, etc.) so managers can understand why costs were different from what was planned and take appropriate action to ...

  6. Cost allocation - Wikipedia

    en.wikipedia.org/wiki/Cost_allocation

    An effective cost allocation methodology enables an organization to identify what services are being provided and what they cost, to allocate costs to business units, and to manage cost recovery. Under this model, both the service provider and its respective consumers become aware of their service requirements and usage and how they directly ...

  7. Denise Richards Reveals Her Daughters 'Were Very Upset' She ...

    www.aol.com/denise-richards-reveals-her...

    Denise Richards is revealing what she did to get on her daughters’ bad side! The actress, 53, recently spoke with PEOPLE about her participation in the upcoming season of Special Forces: World ...

  8. Indirect costs - Wikipedia

    en.wikipedia.org/wiki/Indirect_costs

    Some indirect costs may be overhead, but other overhead costs can be directly attributed to a project and are direct costs. There are two types of indirect costs. One are the fixed indirect costs, which are unchanged for a particular project or company, like transportation of labor to the working site, building temporary roads, etc.

  9. Certain foods may disrupt your body’s fight against cancer ...

    www.aol.com/news/certain-foods-may-disrupt-body...

    Higher levels of omega-6 fatty acids often found in ultraprocessed foods may interfere with the immune system’s fight against cancer cells, a new study says.