Examlex
Which of the following types of fat are the least healthy?
Absorption Costing
A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - as part of the cost of a produced unit.
Unit Product Cost
The total cost, including materials, labor, and overhead, divided by the number of units produced.
Year 2
Refers to the second year of a time-related context or sequence, not a standalone key term without additional context.
Contribution Margin
The amount of revenue remaining after subtracting variable costs, indicating how much contributes towards covering fixed costs and generating profit.
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