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Employee Salaries
Regular payments made by an employer to an employee, typically on a monthly or biweekly basis, in exchange for the employee's work.
Variable Cost
An expense that changes in proportion to the production output or sales of a company.
Activity Variance
The difference between the expected activity level and the actual activity level, often analyzed in budgeting and variance analysis.
Net Operating Income
A company's revenue minus its operating expenses, not including taxes and interest.
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