Match each definition with its related term by selecting the appropriate term in the dropdown provided. Definition Term Batch-Level Activities Non-Volume-Based Cost Driver Activity Rate Activity-Based Management 1. An activity, such as machine setups, that occurs before each production run. A cost driver that captures aspects of the production process that relates to activities other than the volume of 2. production or sales. 3 Total activity cost divided by total cost driver. 4. All the actions taken to improve operations or reduce costs based on ABC data. 5. An activity, which if eliminated, would NOT change the perceived worth of the product or service. 6. A report that provides details about internal failure costs. 7. Costs that result from the defects caught during the inspection process. 8. A process to determine what costs should be in order to earn an acceptable profit across a product life cycle. 9. A process which uses the cost of the product plus a markup to arrive at the sales price. 10. A linked set of activities required to design, develop, produce, market, deliver the product to customers, and aftermarket service. Value Chain