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Some companies ban the use of cell phones in their facilities.
Contribution Margin
The difference between sales revenue and variable costs of production, indicating how much revenue contributes to fixed costs and profit.
Constrained Resource
A limiting factor that restricts a company's ability to produce or perform at its maximum capability.
Split-off Point
The split-off point in production is the stage at which multiple products are derived from a common process and can be identified or measured separately.
Joint Products
Two or more products that are generated from a common input or production process, where the costs before the split-off point are shared.
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