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For personal use, _____________________ have been mostly replaced by iPods, iPads, and other mobile devices.
Variable Expenses
Costs that change in proportion to the activity or volume of production in a business.
Variable Expense Ratio
The proportion of variable expenses to total sales, indicating how variable costs change with changes in sales volume.
Unit Contribution Margin
The difference between the selling price per unit and the variable cost per unit. This margin helps determine how each unit sold contributes to fixed costs and profits.
Per Unit
Denotes the cost or value associated with each individual unit of a product or service.
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