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Variable Cost Per Unit
The cost that varies with each unit of product produced, including costs like materials and labor that increase with production volume.
Variable Selling
Costs that vary directly with the level of sales or production volume, such as commissions or shipping charges.
Administrative Expenses
Costs related to the general operation of a company, such as executive salaries, office supplies, and legal fees.
High-low Method
A technique used in cost accounting to estimate variable and fixed costs based on the highest and lowest levels of activity during a period.
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