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Overhead Cost
General business expenses that relate to the operation of a company but cannot be directly tied to a specific product or service.
Product Costs
The costs incurred to create a product, encompassing direct materials, direct labor, and manufacturing overhead.
Manufacturing Overhead
All indirect costs associated with the production process, such as utilities, maintenance, and manager salaries.
Product Margins
The difference between the selling price of a product and the cost to produce it, reflecting the profitability of each product sold.
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