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glands secrete mucin, which combines with water to form a thick and sticky product, whereas glands produce a relatively watery fluid.
Direct Labor Cost
The total cost of workforce directly involved in the production of goods or services, excluding indirect labor such as administration.
Variable Costing
A costing technique that only assigns variable production costs to inventory, helping managers understand the impact of production levels on total costs.
Net Operating Income
The income produced through a firm's regular commercial activities, not including taxes and interest.
Variable Costing
A record-keeping system in accounting that inputs only variable production-related expenses (direct materials, direct labor, and variable manufacturing overhead) into the cost evaluation of goods.
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