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Which of the following is most likely to be implemented by a country as a part of deregulation?
Variable Costing
An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs, excluding fixed overhead.
Units Manufactured
The total quantity of products completed and ready for sale or use at the end of an accounting period.
Variable Costing
A costing method where only variable production costs are assigned to inventory and fixed overhead expenses are treated as period costs.
Fixed Factory Overhead
The regular, consistent expenses involved in operating a factory that do not vary with production volume, including costs like rent, salaries of permanent staff, and utility bills.
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