Examlex
Simplify the expression.
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Selling Price
The amount of money charged for a product or service, typically set to cover costs and generate profit.
Absorption Costing
This accounting technique aggregates the total manufacturing costs—direct materials, direct labor, and both variable and fixed overheads—into the calculation of a product’s price.
Cost-plus Pricing
A pricing strategy where a fixed percentage or a fixed amount is added to the cost price to determine the selling price.
Return on Investment
A measure used to evaluate the efficiency or profitability of an investment, calculated as the net profit divided by the cost of investment.
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