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Level Of Activity
A measure of the amount of work performed or production achieved in a specific period of time, often related to capacity utilization in operations management.
Fixed Cost
Expenses that do not change with the level of output or sales in the short term, such as rent or salaries.
Manufacturing Overhead
Every supplementary cost related to the manufacturing process, apart from direct materials and labor expenses.
Manufacturing Overhead
All indirect costs associated with manufacturing, such as maintenance, utilities, and management salaries, not directly tied to the production of goods.
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