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What factor improves the effectiveness of union bargaining across national borders?
High-low Method
An accounting technique used to estimate fixed and variable costs by analyzing the highest and lowest levels of activity and their corresponding costs.
Variable Cost
Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor expenses.
Sales Volume
Sales volume refers to the total number of units of a product or service sold by a company within a specific time frame.
Factory Utility Cost
Factory utility cost encompasses expenses related to the consumption of utilities such as electricity, gas, and water in a manufacturing facility.
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