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Contribution Margin
A financial metric that represents the amount of revenue from sales that exceeds variable costs, contributing towards covering fixed costs and profit.
Revenues
The total amount of money received by a company for goods sold or services provided during a specific period, before any deductions for expenses.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity level.
Manufacturing Costs
The total expense involved in the manufacturing process, including direct materials, direct labor, and overhead costs.
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