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The client may use a variety of methods to understate liabilities,interest expense and long-term debt.These include
Variable Manufacturing Costs
Costs that vary directly with the level of production output, including materials, labor, and overhead expenses that change as production levels change.
Selling Price
The amount a seller charges for a product or service, determined by costs, market conditions, and competitive pricing.
Contribution Margin
The amount by which the sales price of a product exceeds its variable costs, used to cover fixed costs and generate profit.
Selling Price
The amount of money for which a product or service is sold to customers, determined by costs, market demand, and competition.
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