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Depreciation Expense
The systematic allocation of the cost of an asset over its useful life, reflecting how the asset's value decreases over time due to use or obsolescence.
Tax Rate
The specified rate at which a person’s or company’s income is taxed.
Variable Cost
Costs that are directly correlated with the amount of product produced.
Variable Cost Per Unit
Costs that change directly and proportionally with the level of production or sales volume.
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