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Variable Costing
An accounting method that only allocates variable costs to products, excluding fixed overhead costs.
Net Operating Income
The profit generated from a company's core business operations, excluding expenses and revenues that are unrelated to the primary activities of the business.
Absorption Costing
A method of accounting for costs in which all costs of manufacturing a product (including variable and fixed overhead costs) are considered product costs.
Net Operating Income
The profit generated from a company's normal business operations, excluding expenses such as taxes and interest charges.
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