Examlex
Give an example of "I" and an example of "We" language.
Variable Costs
Expenses that vary directly with the level of production or sales volume.
Selling Price
The price at which a product or service is offered for sale to consumers.
Gross Margin
The difference between sales revenue and the cost of goods sold, indicating the profitability of a company's core activities.
Fixed Manufacturing Overhead
Consistent, recurring costs that do not vary with the level of production or sales, such as salaried personnel wages and factory lease payments.
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