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The test result B has no value in predicting outcome A if:
Cost of Goods Manufactured
The total production cost of goods that are completed during a specific period.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold in a company, including material and labor costs.
Schedule of Cost of Goods Manufactured
A detailed report showing the total production costs incurred to produce goods in a specific accounting period.
Total Manufacturing Cost
The aggregate cost of producing goods, including direct labor, direct materials, and manufacturing overhead expenses.
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