Examlex
SEER is calculated based on the total amount of cooling (in BTU) the system will provide over the entire season, divided by the total number Watt-Hours it will consume .
Depreciation Expense
The systematic allocation of the cost of a tangible asset over its useful life.
Fixed Costs
Business expenses that remain constant regardless of changes in production volume, such as rent, salaries, and loan repayments.
Variable Cost
Costs that vary in direct proportion to changes in the level of production or sales.
Fixed Costs
Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and equipment leases.
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