Examlex
Which of the following is the smallest number?
Absorption Costing
An accounting method that includes all manufacturing costs — direct materials, direct labor, and both variable and fixed manufacturing overhead — in the cost of a product.
Unit Product Cost
The total cost (including direct materials, direct labor, and overhead) divided by the number of units produced, representing the cost to produce a single unit.
Net Operating Income
The income generated from a company's principal operations, calculated after deducting all operational expenses but before interest and taxes.
Break-Even
The point at which total revenues equal total costs, resulting in no profit or loss.
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