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Plunging breakers are produced
Product Cost
The total expense incurred to produce and prepare a product for sale, including direct materials, labor, and overhead.
Unit Costs
The cost incurred by a company to produce, store, and sell one unit of a particular product or service.
Absorption Costing
A cost accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - in the cost of a product.
Variable Costing
An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs, excluding fixed overhead.
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