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Semi Variable Costs
Are costs along with both a fixed and variable cost component? The fixed component is such portion that is constant irrespective of the level of activity. They are variable inside specific activity levels however are fixed in other activity levels, as displayed below:
Figure : Semi Variable Cost
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A process in the industry where a wholesaler needs an amount that is the difference among the manufacturer's price to the wholesaler and the contract price to the resale customer.
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DEFINATION
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