Examlex
Frameworklessness refers to
Absorption Costing
A costing method that includes all manufacturing costs — direct materials, direct labor, and both variable and fixed manufacturing overhead — in the cost of a product.
Variable Costing
An accounting method that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in product costs.
Traceable Fixed Expenses
Fixed costs that can be directly linked to a specific product, service, or department.
Segment Margin
The amount of profit or loss generated by a specific segment of a business, considering only the revenues and expenses directly attributable to that segment.
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