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Differentiate:
Controllable Costs
Expenses that can be managed or influenced by decisions made by a company's management.
Noncontrollable Costs
Costs that cannot be influenced or altered by the actions of a manager or business unit, often determined by external factors.
Variable Costs
Costs that change in proportion to the level of goods or services that a business produces, such as raw materials and labor expenses.
Fixed Costs
Expenses that remain constant for a specific period regardless of changes in the volume of production or services provided.
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