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Direct Fixed Costs
Costs that relate specifically to a responsibility center and are incurred for the sole benefit of the center.
Variable Costs
Costs that vary directly with the level of production or service delivery, such as materials, labor, and utilities.
Internal Rate Of Return
A financial metric used to evaluate the profitability of investments, representing the interest rate at which the net present value of costs and benefits of a project break even.
Salvage Value
The anticipated salvage value of an asset at the termination of its service life.
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