Examlex
A nurse is an example of which category?
Contribution Margin
The difference between sales revenue and variable costs, indicating how much revenue contributes to covering fixed costs and generating profit.
Indirect Expenses
Indirect expenses are costs that cannot be directly attributed to a specific cost object, such as overhead or administrative expenses.
Direct Expenses
Direct expenses are costs that can be directly tied to the production or procurement of specific goods or services, such as raw materials and labor.
Direct Expense
Costs that can be directly traced to a product, service, or project, such as raw materials and labor.
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