Examlex
What does descriptive linguistics do?
Variable Costs
Costs that vary directly with the level of production or volume of output, such as materials and labor directly involved in production.
Contribution Margin
The amount by which sales revenue exceeds variable costs, used to cover fixed costs and contribute to profit.
Incremental Manufacturing Cost
The additional costs incurred to produce an additional unit of product, including materials, labor, and overheads.
Product Costs
Product costs are the costs directly associated with the production of goods, including direct materials, direct labor, and manufacturing overhead.
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