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CVP Analysis
Cost-Volume-Profit Analysis, a managerial accounting technique used to analyze how changes in cost and volume affect a company's operating income and net income.
Manufacturing Costs
The total expense incurred in the process of making a product, including raw materials, labor, and overhead costs.
Mixed Cost
A cost that contains both variable and fixed cost elements, meaning part of the cost varies with the level of output while part remains fixed.
Fixed Cost
Costs that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.
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