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It is a fact that you will spend less money when you retire.
Markup
The amount added to the cost of goods to cover overhead and profit, determining the selling price.
Selling Price
The amount of money a customer pays to buy a product or service.
Total Job Cost
The total cost associated with producing a specific job, including materials, labor, and overhead costs.
Unit Product Costs
The cost assigned to a single unit of product, encompassing direct materials, labor, and overhead.
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