Examlex
A neural network is a category of efficiency metrics that attempts to measure the way the human brain works.
Business Division
A segment within a larger company that operates semi-autonomously, focusing on a particular product line or market sector.
Absorption Costing
A costing technique that incorporates the total manufacturing expenses such as direct materials, direct labor, along with both variable and fixed overheads, into the pricing of a product.
Variable Costing
A costing method that includes only variable manufacturing costs - direct materials, direct labor, and variable manufacturing overhead - in the cost of a product.
Unit Product Cost
The total cost associated with producing one unit of a product, including direct materials, direct labor, and allocated overhead.
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