Examlex
________ are major purchases and are usually bought directly from the producer with the typical sale preceded by long negotiation periods.
Administrative Expense
Costs related to the general operation of a company that are not directly tied to a specific business activity, such as salaries of executive personnel, office supplies, and utilities.
Direct Materials
Raw materials that are directly incorporated into a finished product and can be directly attributed to the product manufacturing process.
Factory Building
A type of commercial real estate designed for manufacturing processes, assembly, and storing materials and goods used and produced by industrial and manufacturing operations.
Rent Expense
The cost incurred by a company for using or occupying property or equipment for business operations.
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