Examlex
One cause of residential mortgage prepayment risk is the sale of the mortgaged property.
Contribution
The portion of sales revenue that exceeds variable costs, contributing towards covering fixed costs and generating profit.
Machine Hour
A measurement of production time, quantifying the number of hours a machine is in operation during a given period.
Variable Costs
Expenses that change in proportion to the activity of a business.
Target Costing
A pricing method that involves reverse-engineering a product to meet a specific price point by targeting the total cost.
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