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The global geographic structure divides the world into geographical regions, with each geographical division reporting to the CEO.
Absorption Costing
Absorption costing is an accounting method where all manufacturing costs (direct materials, direct labor, and both variable and fixed overhead) are included in the cost of a produced unit.
Profits
The financial gain calculated by subtracting total expenses from total revenue.
Units Produced
The total number of finished products that a company manufactures during a specific period.
Variable Costing
A method of costing that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of goods sold and treats fixed manufacturing overhead as a period expense.
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