Examlex
A ________ network can contain servers as well as individual computers.
Variable Expenses
Expenses that vary directly with the level of business activity.
Fixed Expenses
Costs that do not vary with the level of production or sales, such as rent or salaries.
Net Sales
Sales revenue less sales returns and allowances and less sales discounts.
High-Low Method
A technique used in management accounting and cost accounting to split fixed and variable costs based on the highest and lowest levels of activity.
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