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Product prototypes and marketing strategy can be evaluated in simulated or actual market situations through the use of _____.
Net Operating Income
The profit generated from a company's regular, core business operations, excluding deductions of interest and taxes.
Variable Costing
An accounting method where only variable costs (costs that change with production levels) are included in product costs, excluding fixed costs.
Net Operating Income
The total profit of a business after operating expenses have been deducted, but before taxes and interest.
Variable Costing
An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in the cost of goods sold, excluding fixed manufacturing overhead.
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