Examlex
Use long division to divide.
Direct Materials Cost
The expense associated with raw materials directly incorporated into a finished product.
Break-even Point
Break-even Point is the financial analysis term that indicates when total costs and total revenues are exactly equal, resulting in neither profit nor loss.
Mixed Costs
Costs with both variable and fixed characteristics, sometimes called semivariable or semi-fixed costs.
Variable Components
Parts of a cost or expense that change in proportion with changes in the level of business activity or production volume.
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