Examlex
What are the four phases of counselling? What skills are associated with each phase?
Variable Costing
An accounting technique that entails including only the variable costs of production, like direct materials, labor directly involved in manufacturing, and variable factory overhead, into the pricing of products.
Unit Product Cost
The total cost (fixed and variable) incurred to produce, store, and sell one unit of a product.
Net Operating Income
A financial metric that shows how much profit a company generates from its core business operations, excluding expenses from interest and taxes.
Absorption Costing
An accounting practice that includes the total manufacturing costs, which are direct materials, direct labor, and manufacturing overhead (both variable and fixed), in the valuation of a product.
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