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Which of the following is NOT true of graded potentials?
Unit Selling Price
Unit Selling Price is the price at which a single unit of a product or service is sold, not accounting for any discounts or promotions.
Unit Variable Costs
Unit Variable Costs refer to the expenses that vary directly with the production volume, including materials and labor directly involved in manufacturing.
Variable Cost
Expenses that fluctuate in direct correlation with the volume of production or business operations.
Contribution Margin Ratio
A financial metric that represents the portion of sales revenue that is not consumed by variable costs and can contribute to covering fixed costs.
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