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Your company has been selling UniGate, a high-tech security device for households, for 10 years. Every year before the fiscal year starts, you need to
Your company has been selling UniGate, a high-tech security device for households, for 10 years. Every year before the fiscal year starts, you need to pay insurance premium for all the products to be manufactured and sold. It is a significant amount of money and not refundable if you sell less than the predictionFrom a cost perspective, this is called: variable cost nonrefundable cost direct cost committed cost
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