Examlex
Why are readability formulas used?
Administrative Expenses
Costs associated with the general management and administration of a business, such as salaries of executive personnel, legal and accounting fees.
Operating Capacity
The maximum output that a company can produce under normal conditions over a specific period.
Differential Cost
Differential cost, also known as incremental cost, is the difference in total cost that will result from selecting one option over another in decision-making processes.
Unused Capacity
Represents the available production or service facility capability that is not being utilized to its full potential.
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