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In 1525, with the advent of moveable type, ________ created a unified alphabet that could be mass-produced.
Absorption Costing
An accounting method that includes all manufacturing costs—both variable and fixed—in the cost of goods sold, for product pricing.
Markup
The difference between the cost of a good or service and its selling price, expressed as a percentage of cost.
Selling Price
The cost at which a good or service is made available for purchase to consumers.
Traceable Fixed Expense
Fixed costs that can be directly linked to a specific business segment or product line.
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