Examlex
Explain Mendel's principle of segregation.
Fixed Cost Element
The portion of total costs that does not change with the variation in activity level or production volume.
CVP Analysis
Cost-Volume-Profit Analysis, a tool used to determine how changes in costs and volume affect a company's operating income and net income.
Variable
An element, feature, or factor that is likely to vary or change in ways that can affect the outcome of research or experiments.
Fixed
Typically refers to costs or assets that remain constant and do not vary with the level of activity or production.
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