Examlex
It is proper to refer to the high latitude lands of the Arctic and Antarctic as "cold deserts."
Variable Manufacturing Cost
Costs that vary directly with the level of production output, such as raw materials and direct labor.
Idle Capacity
The portion of a company's resources or production capacity that is not being used for production or generating revenue.
Variable Production Cost
Costs that change in proportion to the level of production output, such as raw materials and direct labor.
Supervisory Costs
Expenses associated with overseeing and managing employees or a production process.
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