Examlex
The first stage of grief is:
Gross Margin
The difference between sales revenue and the cost of goods sold, indicating the basic profitability of the products or services sold.
Absorption Costing
An accounting method that includes all manufacturing costs (direct materials, direct labor, and both variable and fixed overhead) in the price of a product.
Idle Capacity
Unused or underutilized resources within a business, often indicating inefficiency, where machinery, space, or labor is not being employed to full capacity.
Variable Overhead Cost
Costs that vary with the level of production output, such as supplies and utilities for manufacture.
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