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Variable Costs
Costs that change in proportion to the volume of goods or services produced.
Per-unit Basis
A method of calculation or evaluation by considering individual units or items, allowing for analysis or comparison.
Activity Level
In cost accounting, the volume of output or production that impacts the cost of a specific activity.
Direct Materials
Raw materials that are directly traceable to the manufacturing of a specific product and constitute a significant part of the product’s cost.
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