Examlex
Which of the following is true of the implementation section of a written sales proposal?
Activity Base
A measure or quantity (e.g., labor hours, machine hours) used in allocating overhead costs to products or services, reflecting the cause-and-effect relationship between cost drivers and costs.
Net Income
The amount of profit left after all operating expenses, taxes, and other costs have been subtracted from total revenue.
Variable Costs
Financial outlays that adjust based on the level of a firm's activity.
Selling Price
The amount a customer pays to purchase a product or service.
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