Examlex
Distributed strategic networks are the organizational structure used to manage international cooperative strategies.
Variable Costing
An accounting method that only allocates variable production costs to products, excluding fixed costs.
Absorption Costing
A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - in the cost of a product.
Operating Income
The profit realized from a business's core operating activities, excluding costs and revenues from non-operating activities.
Variable Costing
An accounting methodology that only includes variable production costs (costs that change with the level of output) in product costs.
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