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Variable Costs
Costs that change in proportion to the level of production or sales activity, such as raw materials and direct labor.
Production Time
The total time required to manufacture a product, from the start of production to the final product being ready for sale.
Sales Mix
The combination of different products or services that a company sells, typically analyzed to understand their relative contributions to overall sales.
Operating Loss
A situation where a company's operating expenses exceed its gross profits, indicating a negative performance.
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