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Based on climate reconstructions,there is ample evidence that climates have fluctuated throughout Earth's long history.Describe some of the mechanisms of this climate fluctuations.
Salvage Value
The estimated residual value of an asset at the end of its useful life, used in calculating depreciation.
Market Value
Market value is the price at which an asset would trade in a competitive auction setting, reflecting what a buyer is willing to pay.
Variable Manufacturing Costs
Variable manufacturing costs are expenses that fluctuate with production volume, such as raw materials and direct labor costs.
Contribution Margin
The amount remaining from sales revenue after variable expenses are deducted, indicating how much contributes to covering fixed costs and generating profit.
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