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The period in which there are no fixed costs is the
Net Operating Income
The earnings derived from a company's day-to-day operations, after subtracting all operational expenses except interest and taxes.
Absorption Costing
An accounting method that includes all manufacturing costs (both fixed and variable) in the cost of a product.
Contribution Margin
The profit remaining after variable costs have been subtracted from revenue, indicating how much contributes to covering fixed costs and generating profit.
Variable Cost
Variable costs are expenses that change in proportion to the activity of a business, such as materials and labor costs.
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