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Production Costs
The total expenses incurred in the manufacture of products, including costs related to labor, raw materials, and overhead.
Variable Production Costs
Expenses that fluctuate with the level of output or production, including costs like raw materials and direct labor.
Fixed Production Costs
Costs that do not change with the level of production, such as rent for factory space or salaries for permanent staff.
Variable Manufacturing Costs
Costs that change in proportion to the levels of production or sales volume, such as raw materials and direct labor.
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