Examlex
What does the prefix "centi-" mean?
Indirect Expenses
Expenses that cannot be directly linked to the production of goods or services, such as administrative salaries and utilities.
Contribution Margin
The Contribution Margin represents the amount of revenue from sales that exceeds variable costs, contributing to covering fixed costs and generating profit.
Sales
The total amount of revenue generated by the selling of goods or services by a company within a specific period.
Department
A specialized functional area within an organization that focuses on specific tasks or responsibilities.
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