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Which of the following is NOT a type of inventory-related costs?
Total Cost
The complete expenditure incurred in the production, operation, or provision of goods or services, including both fixed and variable costs.
Software Package
A bundle of software applications or programs typically designed to perform a specific group of tasks or functions and sold as a single product.
Cost Plus Pricing
A pricing strategy where the selling price is determined by adding a specific markup to a product's unit cost.
Monopolist
An entity that has exclusive control over the supply of a particular product or service, and thus the power to influence the market price.
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