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Which of the following is not related to the 98th meridian in the United States?
Marginal Cost
The cost incurred by producing one additional unit of a product or service.
Indirect Cost
Expenses not directly tied to the production of goods or services, such as administration, rent, and utilities.
Manufacturing Overhead
This encompasses all the indirect costs associated with the manufacturing process, including utilities, depreciation, and salaries for non-direct labor.
Variable Cost
Costs that vary directly with the level of production or output, such as raw materials and direct labor expenses.
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