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MATCHING
-Technique used to measure the amount of oxygen consumed when a food burns
Variable Costs
Expenses that vary directly with the amount of activity or output in a company.
Financial Advantage
The benefit obtained by a business from its financial decisions and strategies.
Fixed Manufacturing Overhead
Costs related to manufacturing that do not change with the level of production, such as salaries of supervisors and rent for factory space.
Contribution Margin
The difference between sales revenue and variable costs of production, indicating how much revenue contributes towards covering fixed costs and generating profit.
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