Examlex
The de Broglie wavelength of a particle is inversely proportional to both its speed and its
Variable Costing
An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs.
Fixed Manufacturing Overhead
is the sum of all the production costs that do not change with the level of output, including costs like factory rent, salaries of permanent employees, and depreciation of factory equipment.
Direct Labour
Labor of employees engaged directly in the manufacturing process or production work, essential for creating the product.
Operating Leverage
Operating leverage is a measure of how revenue growth translates into growth in operating income, indicating the degree to which a company can increase profitability through its fixed costs structure.
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