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As a result of European expansion into Africa,
Administrative Costs
Expenses that are not directly tied to production or sales, such as office expenses, salaries of administrative personnel, and legal fees.
Incremental Income
The additional income that is generated as a result of a specific business decision or activity.
Incremental Costs
Additional costs associated with producing one extra unit of a product or delivering an additional service.
Direct Materials
Raw materials that are directly used in the manufacturing of a product and can be easily traced to the finished product.
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