Examlex
In a data warehouse, information cleansing occurs first during the ETL process and again once the information is in the data warehouse.
Variable Costing Income Statement
A financial statement that only includes variable production costs in the cost of goods sold, with fixed production costs treated as period expenses.
Absorption Costing
In this accounting technique, all manufacturing-related costs - direct materials, direct labor, variable, and fixed overheads - are factored into the product's cost.
Variable Production Costs
Costs that change in proportion to the level of production activity, such as raw materials and direct labor.
Period Cost
Expenses that are not tied directly to product production and are expensed in the period they are incurred.
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