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A participant reads a list of words that includes the word "elephant." Later,the participant views another list of words,each of which is presented very briefly,followed by a mask.When the word "elephant" appears in the second list,the participant is more likely to perceive the word "elephant" in comparison to words that have not been recently viewed.This effect is called
Common Fixed Expenses
Fixed costs not directly attributed to any specific segment of a business, benefiting the entire organization.
Absorption Costing
An accounting method that includes all manufacturing costs — direct materials, direct labor, and both variable and fixed manufacturing overhead — in the cost of a product.
Unit Product Cost
The total cost (including direct materials, direct labor, and overhead) divided by the number of units produced, representing the cost to produce a single unit.
Net Operating Income
The income generated from a company's principal operations, calculated after deducting all operational expenses but before interest and taxes.
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