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The "process" for the developmental phase of the training model is
Mixed Costs
Costs with both variable and fixed characteristics, sometimes called semivariable or semi-fixed costs.
Variable Components
Parts of a cost or expense that change in proportion with changes in the level of business activity or production volume.
Fixed Components
The elements of a business's costs that remain constant regardless of the level of production or sales activity.
Contribution Margin
The amount by which sales income exceeds variable expenses, which is utilized to pay off fixed expenses and create profit.
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