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Which of the Follow Pairs of Terms Are Related to One

question 33

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Which of the follow pairs of terms are related to one another?


Definitions:

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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