Examlex
What are the inputs into the systems model of change? Describe and give examples of each.
Selling Price
The price at which a product or service is offered to consumers.
Markup
The percentage of the cost added to the cost price of items to cover overhead expenses and profit.
Job M
A specific task, project, or batch of work, often associated with job costing, designated by the letter 'M'.
Total Job Cost
The complete cost of a specific job, including all direct materials, direct labor, and overhead applied to that job.
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