Examlex
Syringes come in sizes that hold 0.5 mL to 60 mL.
Gross Profit
Sales minus the cost of goods sold.
Volume Variance
A measure used in budgeting and accounting to illustrate the difference between expected sales volume and actual sales volume.
Standard Costs
Predetermined costs for manufacturing a product or delivering a service, used as targets or benchmarks.
Variances
The differences between planned, budgeted, or standard costs and actual costs.
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