Examlex
The file extension for Access files is ________.
Variable Costing
An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs and treats fixed manufacturing overhead as a period cost.
Operating Income
Income generated from regular business operations, excluding revenues and expenses from non-operating activities.
Inventory
The overall quantity of products and materials in possession of a company, intended for future sale or to be used in manufacturing.
Variable Costing
Variable Costing is a costing method that only includes variable costs (direct materials, direct labor, and variable manufacturing overhead) in product costs, excluding fixed manufacturing overhead.
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