Examlex
The following data relates to the Sunshine Company:
Excess Capacity
The situation where a company's production facilities are capable of producing more than the demand for its products.
Variable Costs
Expenses that vary directly with the level of production or sales volume, such as raw materials and direct labor.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent or salaries.
Specialist Medical Equipment
High-tech and advanced medical tools and devices specifically designed for certain branches of medicine to diagnose or treat diseases effectively.
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