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Issue:

History

 

Written by:

Robert S

 

Date added:

May 18, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 680

 

Was viewed:

3912 times

 

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Essay content:

Money was spent on labor, raw materials, power to run a factory, etc. in direct proportion to production. Managers could simply total the variable costs for a product and use this as a rough guide for decision-making processes. Some costs tend to remain the same even during busy periods, unlike variable costs which rise and fall with volume of work...
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Managers could simply total the variable costs for a product and use this as a rough guide for decision-making processes. Some costs tend to remain the same even during busy periods, unlike variable costs which rise and fall with volume of work. Over time, the importance of these "fixed costs" has become more important to managers...
displayed 300 characters

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