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Variable Cost
Costs that vary in direct proportion to changes in the level of production or sales.
Fixed Costs
Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and equipment leases.
Variable Cost
Costs that change in proportion to the level of activity or volume of goods produced.
Earnings Before Taxes
A financial metric indicating the profit earned by a business before the deduction of tax expenses.
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