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Kathy is the production manager for a computer assembly company. Kathy is evaluating her best workers so that their assembly methods can be formalized and documented for all workers to follow. Which goal of scientific management is Kathy pursuing?
Unit Contribution Margin
The amount of revenue remaining per unit after deducting variable costs; calculated as unit selling price minus unit variable costs.
Unit Sales Price
The amount that a business charges for one unit of its product or service.
High-Low Method
A technique used in cost accounting to estimate variable and fixed costs based on the highest and lowest levels of activity.
Variable Cost Element
A cost that varies directly with the level of production or sales volume, such as materials and direct labor.
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