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The last step in an effective onboarding process is
Cost of Goods Sold
Costs directly linked to the manufacture of goods a company sells, encompassing both materials and labor expenses.
Variable Selling
Costs that fluctuate in direct proportion to changes in sales volume, such as commissions and shipping charges.
Manufacturing Margin
The excess of sales over variable cost of goods sold.
Contribution Margin
The amount by which sales revenue exceeds variable costs, contributing towards covering fixed costs and generating profit.
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