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Fixed Manufacturing Overhead
The portion of manufacturing overhead costs that remains constant regardless of the level of production, such as salaries of supervisors and rent of the factory.
Outside Supplier
An external company or individual that provides goods or services to another company.
Contribution Margin
The amount by which sales revenue exceeds variable costs, indicating how much revenue contributes towards covering fixed costs and generating profit.
Outside Supplier
A third-party company or entity that provides products or services to another company, often used when in-house production or provision is not feasible.
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