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Factor.
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Routine Pricing
A method where prices are set based on standard costs plus a fixed profit margin, commonly used in consistent market conditions.
Variable Costs
Costs that vary directly with the level of production or sales volume.
Period Cost
Costs that are expensed in the period in which they are incurred, not directly tied to production activities.
Fixed Selling Cost
Expenses that do not change with the level of goods or services sold, such as salaries of sales personnel and rent of the sales space.
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