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Cancerous cells:
Unit Product Cost
The total cost associated with manufacturing a single unit of product, inclusive of materials, labor, and overhead.
Net Operating Income
The profit a company has after subtracting its operating expenses from its revenue, excluding interest and taxes.
Absorption Costing
This method of product costing in the field of accounting takes into account all manufacturing-related expenditures, including direct materials, direct labor, and manufacturing overheads, both fixed and variable.
Absorption Costing
An accounting method that captures all of the manufacturing costs (both fixed and variable) in the cost of a product.
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