Examlex
Which of the following sequences best characterizes research?
Variable Component
The portion of cost or expense that varies directly with changes in output or activity level.
Pre-tax Income
Pre-tax Income is the amount of income earned by a business before any taxes have been deducted.
Contribution Margin
The sum by which the income from sales surpasses variable expenses, showing the extent to which revenue aids in covering fixed costs and generating profit.
High-low Method
A technique used in accounting and finance to estimate variable and fixed costs based on the highest and lowest levels of activity.
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