Examlex
According to sociocognitive theory,
Profitable
Describes a business or activity that generates more revenue than it spends in costs, resulting in a financial gain.
Variable Costing
A costing method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product costs.
Finished Goods Inventory
The completed products that are ready to be sold but have not been sold yet.
Income
The financial gain earned or received by an individual or entity, often from employment, investments, or business operations.
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