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What is a source of funding for nurses interested in global health and studying abroad?
Variable Costing
An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs.
Unit Product Cost
The total cost incurred to produce, market, and distribute a single unit of a product.
Variable Costing
This is an accounting method that only includes variable costs—costs that change with production volume—in the calculation of product cost.
Total Contribution Margin
The difference between total sales revenue and total variable costs, indicating the total earnings available to cover fixed expenses and generate profit.
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