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Electrical Cost
The expense incurred from the consumption of electricity by a business or home.
Curvilinear Fashion
A term describing a line or relationship that curves in a smooth, non-linear manner, indicating a complex relationship between variables.
Fixed Costs
Expenses that do not change in total despite fluctuations in the level of production or sales activities, such as rent, salaries, and insurance.
High-Low Method
A technique used in managerial accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.
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