Examlex
Which of the following definitions will allow the variable total to hold floating-point values?
Variable Costing
A costing method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product cost.
Operating Results
The outcome of a company's core business activities, including revenue generation and expenses, over a specific period.
Fixed Cost
Costs that do not vary with the level of production or sales, remaining constant within a specific range of activity.
Contribution Margin
The difference between a company's sales revenue and its variable costs.
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