Examlex
List some of the geological forces and end products of plate tectonics.
Fixed Costs
Costs that do not vary with the level of output or sales in the short term, such as lease payments, insurance, and salaries of permanent staff.
Variable Costs
Costs that change in proportion to the level of production or sales volume.
Operating Income
Earnings before interest and taxes, representing a company's profit from its core business operations.
Direct Materials Quantity Variance
The difference between the actual quantity of materials used in production and the expected amount, multiplied by the standard cost per unit.
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