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It is not always necessary to receive total approval,but a supervisor should at least consult with those who might be impacted by the change.
Variable Costs
Costs that vary directly with the level of production or output.
Fixed Costs
Expenses that do not change with the level of goods or services produced over a short period.
Space Rental
The act of obtaining the use of a physical location or property for a specified period of time in exchange for payment.
Raw Material Cost
The expenditure incurred for the raw ingredients or basic materials that are converted through manufacturing processes into goods or services.
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