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We now consider the Bohr model of the atom to be
Direct Labor
The labor costs directly tied to the production of goods or the provision of services.
Variable Costs
Expenses that vary directly with the production output or activity levels.
Break-Even Sales
The amount of revenue needed to cover total costs, at which point a business neither makes a profit nor incurs a loss.
Margin of Safety
Represents the difference between actual or planned sales and the break-even sales, indicating the amount by which sales can drop before the business incurs a loss.
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