Examlex
Which of the follow pairs of terms are related to one another?
Absorption Costing
A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.
Salespeople Salaries
The total amount paid to employees who are responsible for selling a company's products or services.
Variable Costing
An accounting method that only considers variable costs for product costing, excluding fixed manufacturing overhead.
Absorption Costing
A costing method that includes all manufacturing costs — direct materials, direct labor, and both variable and fixed manufacturing overhead — in the cost of a product.
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