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Which of the following is used in automobile antifreeze?
Sales Price
The amount of money for which a product is sold to the customer, excluding any discounts or rebates.
Variable Cost
A cost that varies with the level of output or sales, such as raw materials or direct labor costs.
Contribution Margin
The difference between sales revenue and variable costs, indicating how much contributes towards covering fixed costs and generating profit.
Fixed Costs
Expenses that do not change with the level of production or sales activities, such as rent, insurance, and salaries, over a certain period.
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