Examlex
Sensitization occurs in the _____ to _______ range.
Administrative Expenses
Operating expenses not directly tied to the production of goods or services, such as salaries of administrative staff, office supplies, and utilities.
Contribution Margin
The amount by which sales revenue exceeds variable costs. It represents the portion of sales that helps to cover fixed costs.
Bottleneck Hour
The time period in a production process where the flow is constricted due to limitations in capacity or resources, causing delays.
Variable Cost Method
An accounting approach where variable costs are expensed as incurred and fixed costs are systematically allocated over time, typically used in costing and decision-making.
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