Examlex
Selective (action/toxicity/treatment) means that a given antimicrobial agent is more toxic to a pathogen than to the host being treated.
Split-off Point
marks the stage in a production process where multiple products are generated from common inputs, necessitating allocation of costs among the products.
Avoidable Cost
A cost that can be eliminated (in whole or in part) by choosing one alternative over another in a decision. This term is synonymous with relevant cost and differential cost.
Fixed Costs
Expenses that do not change with the level of production or sales activity, such as rent or salaries.
Contribution Margin
This is the amount remaining from sales revenue after all variable expenses have been deducted.
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