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Houses, hearths, storage pits, buried fields, workshop areas, drainage systems-all are examples of an archaeological site's
Variable Costing
An accounting technique that calculates the cost of a product by considering only costs that fluctuate with the level of production, excluding fixed costs.
Absorption Costing
A costing method that includes all manufacturing costs - both variable and fixed - in the cost of a product.
Unit Product Cost
The total cost associated with manufacturing a single unit of a product, including direct materials, direct labor, and overhead.
Period Cost
Expenses that are not directly tied to the production process and are instead expensed in the period in which they occur.
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