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Net Profit
The amount of money a company earns after deducting all its expenses, taxes, and costs from its total revenue.
Variable Manufacturing Costs
Costs that fluctuate with the level of production, including direct materials, direct labor, and variable manufacturing overhead.
Direct Method
An accounting approach used to allocate service department costs directly to producing departments without considering other service departments.
Janitorial Department
A division within an organization responsible for maintaining cleanliness, hygiene, and sanitation within the premises.
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