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Variable Costs
Costs that shift in direct correlation with production or sales figures, notably direct labor and raw materials.
Allocated General Overhead
involves distributing indirect costs across different departments or products to reflect their share of resources used.
Financial Advantage
The benefit gained in financial terms, which may come from different sources such as cost savings, increased revenue, or investment returns.
Fixed Manufacturing Expenses
Fixed manufacturing expenses are overhead costs that do not change with the level of production output, such as rent for a factory building.
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