Examlex
Which of the following is correct?
Variable Cost
Expenses that vary depending on the amount of products or services a company generates.
Contribution
The amount of money or resources that an individual or entity provides towards a particular project, investment, or cause.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, indicating the proportion of fixed to variable costs.
Fixed Costs
Costs that do not fluctuate with changes in production level or sales volume, such as rent, salaries, and insurance.
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