Examlex
A sharing of profits from a business creates a presumption that a partnership exists.
Manufacturing Overhead
All indirect costs associated with the manufacturing process, including but not limited to utilities, rent, and salaries for non-direct labor.
Advertising Expense
Costs incurred by a company to promote its products, services, or brand, including media buys, production, and creative services.
Direct Materials
Raw materials that are directly traceable to the manufacturing of a product and are significant in cost.
Sales Commissions
Fees paid to salespeople or brokers for facilitating or closing sales, usually calculated as a percentage of the sales value.
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