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You must execute the SET AUTOCOMMIT = 0; command once at the beginning of a session and once at the end of the session if you want to use the COMMIT and ROLLBACK commands.
Contribution Margin
The difference between sales revenue and variable costs, showing how much revenue contributes towards covering fixed costs and generating profit.
Absorption Costing
A method in accounting where all costs of manufacturing are absorbed by the units produced.
Variable Costing
A costing method that includes only variable production costs (direct labor, materials, and overhead) in product costs, excluding fixed costs.
Fixed Overhead
Denotes the regular, recurring costs associated with running a business that do not fluctuate with production volume, such as rent, salaries, and utilities.
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