Examlex
Which of the following is NOT a communication application?
Absorption Costing Format
An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.
Gross Margin
Gross margin is a company's net sales revenue minus its cost of goods sold, representing the efficiency of a company in managing its direct costs.
Absorption Costing
An accounting method that includes all direct and indirect manufacturing costs in the cost of a product.
Variable Costing
A costing method that includes only variable production costs in the cost of goods sold and uses fixed manufacturing overhead as a period cost.
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