Examlex
Baud rate is the number of bits transmitted per second.
Absorption Costing
A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.
Absorption Costing
A costing method that includes all manufacturing costs (both fixed and variable) in the cost of a product.
Net Income
The total earnings of a company after subtracting all expenses and taxes from total revenue.
Variable Costing
An accounting method that considers only variable costs in calculating the cost of goods sold and determines contribution margin.
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