Examlex
Sentencing guidelines refers to laws that require offenders to serve a substantial proportion (usually 85 percent for violent crimes) of their prison sentence before being released on parole.
Variable Cost
Expenses that change directly in relation to fluctuations in production levels or the volume of sales.
Fixed Cost
Expenses that do not change with the level of goods or services produced by the business over a given period.
High-Low Method
A technique used in cost accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.
Variable Cost
Outlays that move in tandem with the level of production or the scale of sales.
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