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Fire suppression by humans
Chargeout Rate
The price charged by a business or professional for their services, often calculated to cover costs and generate profit.
Realisation Rate
The percentage of billable time or work that is actually charged or billed to clients, often used in professional services to evaluate profitability.
Profit Margin
A financial metric expressing the percentage of revenue that remains as profit after all expenses have been accounted for.
Hybrid Costing System
A costing methodology that combines elements of both job costing and process costing, used in manufacturing of goods with some common and some unique characteristics.
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