Examlex
Which of the following refers to those whose behavior is not rational?
Absorption Costing
A product costing technique in accounting that involves adding direct materials, direct labor, and both kinds of manufacturing overhead—variable and fixed—to the product's cost.
Fixed Manufacturing Overhead
Costs that do not change with the level of production output, including rent, salaries of permanent staff, and depreciation of factory equipment.
Variable Costing
An accounting method that includes only variable production costs in the cost of goods sold, excluding fixed costs.
Net Operating Income
The earnings generated from a company's regular business operations, indicating the efficiency of management.
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