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Variable Selling
Refers to costs that vary directly with changes in the volume of sales. These can include commissions, shipping fees, and packaging costs.
Administrative Expenses
Administrative expenses are the costs related to the general operation of a business, including items like office supplies, salaries of administrative personnel, and other non-production costs.
Fixed Expenses
Costs that do not fluctuate with the volume of production or sales, such as rent, salaries, and insurance premiums.
Cost-Plus Methods
Methods of price setting determined by the cost amount per unit plus a markup based on the desired profit per unit.
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