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Overhead Expenses
Costs not directly tied to the production of goods or services, such as rent, utilities, and administrative salaries.
Operating Profit
Earnings of a business before interest and taxes are deducted.
Rate of Mark-up
A pricing strategy calculation, expressed as a percentage, indicating how much higher a product's selling price is compared to its cost to produce or purchase.
Overhead Expenses
Costs not directly tied to the creation of a product or service but necessary for running a business, such as rent and utilities.
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