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Unit Product Cost
The total cost (fixed and variable) incurred to produce, store, and sell one unit of a product.
Net Operating Income
A financial metric that shows how much profit a company generates from its core business operations, excluding expenses from interest and taxes.
Absorption Costing
An accounting practice that includes the total manufacturing costs, which are direct materials, direct labor, and manufacturing overhead (both variable and fixed), in the valuation of a product.
Net Operating Income
A financial metric representing a company's income after operating expenses but before interest and taxes.
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