Examlex
What is the base upon which your college success will be built?
Variable Production Expense
Costs that vary directly with the level of production, including raw materials and direct labor costs.
Variable Selling
Costs associated with selling a product that vary directly with the volume of sales.
Variable Administrative Expenses
Costs related to the administration of a business that vary with the level of activity or production.
Fixed Cost
Charges that are stable in spite of the levels of output or sales achieved, such as housing lease, salaries paid to employees, and insurance expenses.
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