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Other things being equal, which of the following represents the highest level of achievement?
Net Operating Income
A company's income after operating expenses have been deducted but before income taxes and interest are subtracted.
Wheel Sets
Components consisting of a wheel and axle assembly used in various applications, notably in vehicles and machinery.
Variable Production Cost
Costs that vary in direct proportion to the level of production or volume of output.
Lost Contribution Margin
The amount of income forgone from not selling additional units, calculated as the unit selling price minus variable costs.
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