32 Results for Tag: units

Yearly Probability Of Dying

Yearly Probability Of Dying What is 'Yearly Probability Of Dying' A numerical figure that depicts the likelihood of someone dying per year. The yearly probability of dying is determined by

Incentive Distribution Rights (IDRs)

Incentive Distribution Rights (IDRs) What is 'Incentive Distribution Rights - IDRs' These give a limited partnership's general partner an increasing share in the incremental distributable

Manchester Business School (MBS)

Manchester Business School (MBS) What is 'Manchester Business School - MBS' The business school at the University of Manchester in Manchester, England. The Manchester Business School offer

Absorption Costing

DefinitionTotal absorption costing is a method of Accounting cost which entails the full cost of manufacturing or providing a service. TAC includes not just the costs of materials and labour

Abnormal Spoilage

Abnormal Spoilage What is 'Abnormal Spoilage' The waste or wrecking of inventory beyond what is expected in normal business processes. Abnormal spoilage can be the result of broken machine

Abandonment Option

Abandonment Option What is 'Abandonment Option' A clause granting parties the option of withdrawing from the contract before the fulfillment or completion of all contractual duties. This c

Absorbed Cost

Absorbed Cost What is 'Absorbed Cost' The indirect costs that are associated with manufacturing. Absorbed costs include such expenses as insurance, or property taxes for the building in wh

Sales Mix

Sales Mix What is a 'Sales Mix' Sales mix is a calculation that determines the proportion of each product a business sells, relative to total sales. Sales mix is important, because some pr

Sales Mix Variance

Sales Mix Variance What is the 'Sales Mix Variance' Sales mix variance is the difference between a company’s budgeted sales mix and the actual sales mix that the firm sells to customers.

Sales Price Variance

Sales Price Variance What is 'Sales Price Variance' The difference between the amount of money a business expects to sell its products or services for and the amount of money it actually s
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