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The semiperipheral countries:
Direct Cost
Expenses that can be directly traced to producing specific goods or services, such as raw materials and direct labor.
Indirect Cost
Costs not directly traceable to a specific product or project, such as utilities or rent.
Contribution Margin
The difference between sales revenue and variable costs, indicating how much contributes to covering fixed costs and generating profits.
Direct Manufacturing Cost
Costs that are directly attributable to the production of a specific product, including direct materials and direct labor.
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