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An unrealistic fear that manifests itself in physiological arousal and is accompanied by the behavioral signs of escape or avoidance is
Variable Costing
An accounting method in which costs vary in proportion to the volume of output; this includes direct materials, direct labor, and variable manufacturing overhead.
Operating Income
The profit realized from a business's core operations, excluding expenses related to financing and investments.
Absorption Costing
An accounting method that includes all manufacturing costs (direct and indirect) in the cost of a product.
Variable Costing
An accounting method that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in the cost of goods sold.
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