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Variable Manufacturing Costs
These are costs that vary directly with the level of production output, including materials, labor, and certain overheads.
Salespersons
Individuals who sell goods and services to customers, aiming to meet customer needs and achieve sales targets.
Absorption Costing
An accounting approach that incorporates all costs of production, including both variable and fixed overheads, into the price of a product.
Variable Costing
An accounting method that includes only variable production costs in the cost of goods sold and treats fixed overhead costs as period expenses.
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