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Manufacturing Overhead
All indirect costs associated with manufacturing a product, such as the expenses for equipment maintenance and factory staff salaries, not directly tied to production volume.
Selling Price
The selling price of goods or services to the consumer.
Variable Manufacturing Overhead
Variable manufacturing overhead comprises costs that fluctuate with production volume, such as utilities and materials used in the production process.
Fixed Manufacturing Overhead
Costs associated with production that do not vary with the level of output, such as salaries of production managers and depreciation of equipment.
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