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Compared to a conductor, a semiconductor
Operating Income
The profit realized from a business's operations, calculated by subtracting operating expenses from gross profit.
Absorption Costing
An approach to pricing that incorporates all production-related costs such as direct materials, direct labor, along with variable and fixed overhead expenses, into the product’s cost.
Variable Costing
An accounting method that includes only variable production costs (costs that vary with output) in product costs, while fixed costs are charged to the period they occur.
Operating Income
The financial gain obtained through the main functions of a firm, without considering the reductions for interest and taxes.
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