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What activity was the focus of debate in the story about Heinz that Kohlberg used in his research?
Variable Expenses
Costs that vary directly with the level of output or activity, such as materials and labor.
Operating Income
The profit realized from a business's operations after subtracting operating expenses from the gross profit.
Contribution Format
An income statement format that separates fixed and variable costs to highlight the contribution margin.
Variable Expense Ratio
A metric that compares variable expenses (costs that change with production levels) to total sales, indicating how much revenue is consumed by variable costs.
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