Examlex
A(n) is a separate pamphlet, inserted into the front or back binding of a volume of a law book, that contains recent cases or changes in the law and is used to update the law book.
Net Operating Income
The profit generated from a company's operational activities after deducting operating expenses from operating revenues.
Net Operating Income
A measure of a company's profitability, calculated by subtracting operating expenses from gross profit.
Variable Costing
A costing method that includes only variable production costs (material, labor, and overhead) in the cost of manufactured goods, treating fixed overhead costs as period expenses.
Unit Product Cost
The total cost to produce one unit of product, including direct materials, labor, and allocated overhead.
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