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Contribution Margin
The amount of revenue from sales that exceeds variable costs, contributing to covering fixed costs and generating profit.
Variable Expenses
Costs that change in relation to the business’s activity level or volume, similar to variable costs.
Fixed Expenses
Costs that do not vary with the level of production or sales within a certain range.
Special Order
An order for goods or services that is outside the company's normal scope of work, which can often require a unique pricing strategy and cost analysis.
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