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Fixed Selling Expense
The costs associated with selling a product or service that do not vary with sales volume, such as salaries of sales staff and advertising expenses.
Variable Administrative Expense
Costs associated with administrative activities that vary with the level of business activity or output.
Reclassifying Costs
The process of moving costs from one category to another in accounting records.
Period Costs
Expenses that are not directly tied to production and are expensed in the period in which they occur, such as selling and administrative expenses.
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