Examlex
It is easy to evaluate the accuracy of secondary data because the researcher did participate in the research.
Fixed Manufacturing Cost
This refers to the consistent expenses incurred by a company for its manufacturing operations, excluding variable costs; it includes costs like rent, salaries of permanent staff, and depreciation of factory equipment.
Variable Manufacturing Cost
Costs that vary directly with the level of production output, such as raw materials and direct labor.
Idle Capacity
The portion of a company's resources or production capacity that is not being used for production or generating revenue.
Variable Production Cost
Costs that change in proportion to the level of production output, such as raw materials and direct labor.
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