Examlex
Those who smoke heavily have four times the risk of developing coronary heart disease.
Variable Overhead
The costs that fluctuate with the level of production or business activity, such as utilities or materials.
Variable Costing
A pricing approach that incorporates only those production expenses that vary—such as direct materials, direct labor, and variable manufacturing overhead—into the cost of products.
Variable Costing
A costing method that includes only variable manufacturing costs—direct materials, direct labor, and variable manufacturing overhead—in the cost of a unit of product.
Operating Expenses
Costs associated with the day-to-day operations of a business, excluding production costs but including items like rent, utilities, and payroll.
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