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Net Operating Income
Net Operating Income, often abbreviated as NOI, is a financial metric that calculates a company’s profit after subtracting operating expenses excluding taxes and interest.
Absorption Costing
Absorption costing is an accounting method that includes all manufacturing costs (direct materials, direct labor, and both variable and fixed manufacturing overhead) in the cost of a product.
Absorption Costing
An accounting method that includes all manufacturing costs (both variable and fixed) in the cost of a product.
Unit Product Cost
The calculated cost associated with producing a single unit of product, including direct materials, labor, and overhead.
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