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Recent studies suggest that putting a child to sleep on his back may
Variable Costing
An accounting method that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in the cost of goods sold.
Operating Income
Earnings from a company's primary business activities, excluding revenues and expenses from investments or other non-operational sources.
Variable Costing
An accounting method that only allocates variable costs to inventory, treating fixed costs as expenses of the period.
Absorption Costing
A method of costing 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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