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MATCHING
-A series of metabolic reactions once known as the Krebs cycle
Segment Margin
The amount of profit or loss generated by a specific segment of a business, after deducting direct and allocated expenses attributable to that segment.
Common Fixed Expenses
Expenses that do not vary with the level of production or sales and are typically required to run a business, such as rent, salaries, and insurance.
Variable Costing
A costing method that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in the cost of goods sold, treating fixed manufacturing overhead as a period cost.
Fixed Manufacturing Overhead
The manufacturing costs that do not change with the level of production, such as rent, salaries, and insurance.
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