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Crude oil is separated into its basic chemical compounds through the process of_____ during which the crude oil is heated to about 1,200°F and vaporized. The different chemical compounds condense at different temperatures as the vapor passes through a cooling tower.
Transfer Price
The price charged for goods or services transferred between departments, divisions, or subsidiaries of the same company, often used for accounting and tax purposes.
Valve Division
A specialized department or segment within a company focused on the production and sale of valves.
Outside Supplier
A third-party provider that delivers products or services to an organization, which the organization does not manufacture or create internally.
Variable Expenses
Expenditures that adjust in response to the operations of a company.
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