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Paralegal Kameryn works for a law firm that does family law. He is unhappy about a new client that the firm has just accepted because the person is a convicted felon. As his friend, you might tell Kameryn:
Variable Manufacturing Costs
Costs that vary directly with the level of production output, such as raw materials and direct labor.
Break-Even Point
The point at which total revenues equal total costs, meaning no profit or loss is incurred.
Fixed Costs
Expenses that do not change in proportion with the activity of a business, such as rent, salaries, and insurance.
Units
A measure of quantity, whether referring to the products manufactured, services provided, or another quantifiable resource.
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