Examlex
Name a social emotion.
Variable Costing
An accounting method that includes only variable production costs (direct labor, direct materials, and variable overhead) in product costs and expenses fixed overhead as a period cost.
Unit Product Cost
The total cost, including materials, labor, and overhead expenses, divided by the total number of units produced.
Absorption Costing
Absorption costing is a method in accounting that includes all manufacturing costs - both direct and indirect - in the cost of a product.
Variable Costing
An accounting method where only variable production costs are included in product costs, with fixed overhead treated as a period cost.
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