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Perception is
Complex Products
Products that have multiple components, intricate features, or require advanced technology for production, often requiring specialized knowledge to design, manufacture, and use.
Activity-Based Costing
A costing method that assigns overhead and indirect costs to related products and services based on the activities they require.
Fixed Overheads
Expenses that remain constant regardless of production or sales volumes within a specific time frame, like lease payments or wages.
Cost Behaviour
The manner in which a cost changes in relation to changes in business activity levels.
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