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Perform the division.
Cost Control
The process of monitoring and regulating the expenses of a business to adhere to budgets and optimize profitability.
Standard Costs
Estimated expenses for materials, labor, and overhead that a company aims to achieve for its products or services.
Weighted Average Costing
A method of calculating the cost of inventory based on the average cost of all similar items in stock, weighted by the quantities of each item.
Unit Costs
The expense associated with creating, keeping, or buying a single unit of a good or service.
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