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Sociologists have identified five basic properties-unequal treatment,physical or cultural traits,ascribed status,solidarity,and in-group marriage-to describe
Fixed Expenses
Costs that do not change in total despite fluctuations in the volume of goods or services produced or sold.
Annual Sales
The total revenue generated from the sale of goods or services in one fiscal year.
Variable Expenses Per Unit
Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor costs per unit.
Fixed Expenses
Costs that do not vary with the level of production or sales, such as rent, insurance, and salaries, providing predictability in budgeting.
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