Examlex
Outline the recent up-and-down history of the legality of same-sex marriage in the United States.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity levels, providing a more useful tool for performance evaluation.
Variable Costs
Costs that vary directly with the level of production or business activity. Examples include raw materials, packaging, and direct labor.
Fixed Costs
Fixed Costs are business expenses that remain constant regardless of the volume of goods or services produced, such as rent, salaries, and loan payments.
Favorable Volume Variance
A metric that indicates a company has produced or sold more than initially anticipated, leading to increased profitability.
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