FIXED CHARGE Definition

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FIXED CHARGE is those expenses incurred each time a batch of product is produced. Primarily consists of ordering cost for the raw material, engineering costs for machine setup and preparation for the production run, and work order processing cost; also known as SETUP COST.

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OCOR see OPPORTUNITY COST OF REVENUE.

CALL PRICE is the price at which a bond is callable prior to maturity, often at a small premium over par value.

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