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Return on investment (ROI) can be calculated by multiplying margin times turnover.
Unit Product Cost
Unit product cost is the total expense incurred to produce, assemble, and prepare a single unit for sale, encompassing both direct costs and allocated overheads.
Absorption Costing
An accounting method that includes both variable and fixed manufacturing costs in the cost of a product, used for external reporting.
Unit Product Cost
The combined sum of fixed and variable expenses incurred in the creation of one unit of a product.
Absorption Costing
A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.
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