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If
Fixed Costs
Expenses that remain constant regardless of the amount of products made or sold, including rent, wages, and insurance premiums.
Differential Analysis
A decision-making technique that involves comparing the costs and benefits of alternative actions.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against a fixed asset up to a specific date, reflecting its wear and use over time.
Salvage Value
The estimated residual value of an asset at the end of its useful life, often considered in depreciation calculations.
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