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Supply refers to the position of the supply curve, whereas the quantity supplied refers to the amount suppliers wish to sell.
Fixed Manufacturing Expenses
Costs that do not vary with the volume of production, such as rent, depreciation of manufacturing equipment, and salaries of permanent factory staff.
Selling and Administrative Expenses
Expenses incurred from selling products or services and managing the business, excluding production costs.
Variable Selling
Expenses that change in proportion with the volume of sales, such as commissions or shipping costs.
Special Order
An order for goods or services that is outside the company's normal production or service delivery operations.
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