Examlex
Being concise means
Cost Of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including the cost of the materials and labor directly used to create the good.
Transfer Price
The cost at which divisions within the same organization trade goods and services with each other.
Operating Income
Earnings from a company’s primary business activities, excluding deductions of interest and taxes.
Variable Cost
Costs that vary directly with the level of production or output, such as raw materials and direct labor.
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