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A new MySQL database is created using:
Fixed Expenses
Expenses that remain constant regardless of any variations in the amount of goods produced or sold, including charges like lease payments, wages, and premiums.
Accounting System
A systematic process of recording, summarizing, and reporting the financial transactions of a business to provide insights into its financial position.
Selling Price
The price at which a product or service is offered to the consumer.
Contribution Margin
The contribution margin is the sales revenue minus the variable costs. It shows how much revenue contributes to covering the fixed costs and generating profit.
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