Examlex
Which of the following waiting line systems best describes a men's clothing store, where one of the sales clerks first assists the customer in selecting the material and style and then one of the tailors measures the customer to ensure a custom-fitted suit?
Variable Cost
Costs that vary directly with the level of production or sales volume, such as materials and labor.
Fixed Cost
A cost that does not change with an increase or decrease in the amount of goods or services produced or sold.
Manufacturing Overhead
All factory-related costs that are incurred during the manufacturing process, excluding direct materials and direct labor.
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