Examlex
Impersonal communication is the one-way transmission of facts, instruction, feelings, and the like.
Variable Costing
Variable costing is an accounting approach that includes only variable production costs (materials, labor, and overhead) in product costs, omitting fixed costs.
Net Income
The total profit of a company after all expenses, taxes and costs have been subtracted from total revenue.
Variable Manufacturing Costs
Costs that vary directly with the level of production output, such as raw materials and direct labor.
Break-Even Point
The point at which total revenues equal total costs, meaning no profit or loss is incurred.
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