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Match the Terms with Their Correct Descriptions/definitions

question 155

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Match the terms with their correct descriptions/definitions.
-Treatment with drugs


Definitions:

Absorption Costing

Absorption costing is an accounting method that includes all manufacturing costs - direct materials, direct labor, and overhead - in the cost of a product.

Special Price

A temporarily reduced price offered on goods or services, often used as a promotional or marketing strategy.

Net Income

The net income of a business following the subtraction of all costs and taxes from its earnings.

Absorption Costing

A costing method that integrates all expenses related to the manufacturing process, including direct materials, direct labor, and overhead costs, both variable and fixed, into the final product cost.

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