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Explain three methods under absorption costing that managers can use to improve operating income.
Fixed-Rate Mortgages
A type of mortgage where the interest rate remains the same throughout the term of the loan.
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set.
Competitive Rate
An interest rate, price, or charge that is favorable compared to those offered by competitors.
Residences
Places where individuals live or dwell for a period of time.
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