Examlex
Lifelong learning programs focus primarily on helping employees acquire post-graduate degrees in highly technical fields of study.
Year 2
Typically refers to the second year of a company's operations or performance being analyzed.
Variable Costing
An accounting method in which variable costs are charged to cost units and fixed costs are treated as period costs and directly charged to the profit and loss account.
Operating Income
The profit realized from a business's core operations, excluding deductions of interest and tax.
Variable Costing
A method of accounting that encompasses just the variable costs associated with manufacturing—such as direct materials, direct labor, and variable manufacturing overhead—as part of the product costs.
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