Examlex
What names did Freud give the two sets of instincts that serve as energy sources for humans?
Unit Product Cost
The total cost (both variable and fixed) to produce a single unit of product.
Contribution Format
A type of income statement that separates variable costs from fixed costs to calculate a company's contribution margin.
Absorption Costing
A costing method that includes all manufacturing costs—direct materials, direct labor, and both variable and fixed manufacturing overhead—in the cost of a product.
Variable Costing
A ledger maintaining technique that factors in only the variable costs incurred during production (direct materials, direct labor, and variable manufacturing overhead) into product pricing.
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