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Transfer Price
The price at which goods and services are sold between units of the same organization.
Selling Division
The division or department within a company responsible for the sales and distribution of its products or services.
Outside Customers
Individuals or entities that purchase goods or services from a business but are not part of the business itself.
Variable Expenses
Variable expenses are costs that change in proportion with the level of activity or production volume, such as materials and labor costs.
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