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Which statement is NOT true of apartheid?
Direct Manufacturing Cost
Expenses directly tied to the production of goods, including labor and materials.
Indirect Manufacturing Costs
These are costs that cannot be directly traced to specific units produced, such as maintenance and cleaning, and are part of the manufacturing overhead.
Incremental Manufacturing Cost
Refers to the additional cost incurred for producing one more unit of a product.
Contribution Margin
The amount remaining from sales revenue after all variable expenses have been deducted, indicating how much revenue is available to cover fixed costs and generate profit.
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