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Manufacturing Overhead
All manufacturing costs that are not direct materials or direct labor, including expenses related to running the factory.
Operating Leverage
A measure of how revenue growth translates into growth in operating income. It is an indicator of the fixed versus variable costs in a company's operation.
Fixed Costs
Expenses that do not change with the level of output or sales within a certain range and period.
Break-Even Point
The point at which total revenues equal total costs, and the business makes neither profit nor loss.
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