Examlex
Line pressure is boosted by throttle pressure to increase holding force of clutches and brakes to prevent slipping.
Variable Cost
Costs that vary directly with the level of production or service activity, such as raw materials and direct labor.
Machine-hour
A unit of measure representing the operation of a machine for one hour, often used in cost accounting to allocate expenses.
Cost Formula Equation
An equation used to predict the total cost of production, combining both fixed and variable costs.
High-low Method
A technique used in cost accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.
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