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If you heat a gas so that collisions are continually bumping electrons to higher energy levels,when the electrons fall back to lower energy levels the gas produces
Variable Costing
A costing method that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in the cost of a product.
Absorption Costing
A method of costing that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overheads - in the cost of a product.
Net Operating Income
This is the total profit of a business after operating expenses are subtracted from gross revenue but before taxes and interest expenses are deducted.
Absorption Costing
A method of product costing that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - in the cost of a product.
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