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In spite of their apparent physical presence, environmental issues have only relatively recently been recognized as genuine problems. Before issues become problems they must first ________ to become publicly recognized as reality.
Manufacturing Margin
The difference between the sales revenue generated from manufactured goods and the cost of goods sold (COGS), highlighting the profitability of manufacturing activities.
Variable Costing
An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs and treats fixed manufacturing overhead as a period cost.
Operating Income
Income generated from regular business operations, excluding revenues and expenses from non-operating activities.
Inventory
The overall quantity of products and materials in possession of a company, intended for future sale or to be used in manufacturing.
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