Examlex
____________ are quickly replacing bars as the default route to meeting available single people.
Absorption Costing
A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overheads - in the cost of a product.
Variable Costing
An accounting method that only includes variable production costs (direct labor, direct materials, and variable manufacturing overhead) in product costs.
Unit Product Cost
The total cost (both variable and fixed) associated with producing a unit of product.
Net Operating Income
The profit realized from a business's operations after subtracting operating expenses but before taxes and interest.
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