Examlex
All of the following are considered cash equivalents except
Unit Costs
The cost incurred by a company to produce, store, and sell one unit of a particular product or service.
Absorption Costing
A cost accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - in the cost of a product.
Variable Costing
An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs, excluding fixed overhead.
Production Cost
The total expense incurred in manufacturing a product, including raw materials, labor, and overheads.
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