Examlex
________________ refers to groups of disorders that are thought to share certain psychological and biological qualities.
Variable Cost of Goods Sold
Expenditures that fluctuate in direct relationship with the amount of goods produced or sold, for instance, materials and labor costs.
Gross Profit
The difference between sales revenue and the cost of goods sold, indicating the efficiency of a company's core operations.
Fixed Costs
A repetitive charge that does not fluctuate with the volume of business activity, including expenses like lease payments and utility bills.
Contribution Margin
The amount of revenue remaining after deducting variable costs, used to cover fixed costs and generate profit.
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