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There are seven cervical, twelve thoracic, and five lumbar vertebrae.
Direct Labor Cost
The total amount of money a company spends on wages for employees who are directly involved in the manufacturing of products or providing services.
Absorption Costing
An accounting method that includes both variable and fixed manufacturing costs in the cost of a product.
Net Operating Income
The profit realized from a business's operations after subtracting operating expenses but before deducting taxes and interest.
Variable Costing
A cost 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 expense.
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