Examlex
What is a Jump List?
Direct Expenses
Direct expenses are costs that can be directly traced to a specific cost object, such as a product, department, or project.
Departmental Contribution Margin
The difference between sales revenue and variable costs for a specific department, indicating its contribution to the overall profit.
Contribution Margin
The amount remaining from sales revenue after variable costs are subtracted, indicating how much contributes towards covering fixed costs and generating profit.
Indirect Expenses
Costs that are not directly attributable to the production of goods or services, such as utilities, rent, and administrative expenses.
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