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All of the following should be performed by the technologist before the examination except:
Variable Expenses
Costs that change in proportion to the activity of a business, such as raw materials and direct labor costs.
Fixed Expenses
Costs that do not change with the level of production or sales over a short period, such as rent or salaries.
Break Even
A financial situation where total costs equal total revenues, resulting in no net profit or loss.
Break-Even
The point at which total costs and total revenues are equal, resulting in no net loss or gain for the business.
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