Examlex
A production report contains information on costs transferred in from prior departments as well as costs added in the department such as direct materials, direct labor, and overhead.
Market Value
The estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller.
Par Value
The face value of a bond or stock as stated on the certificate or charter, often used for legal capital or accounting purposes.
Cash
A form of currency that includes coins and paper notes, which is used as a medium of exchange for goods and services.
Shares
Units of ownership interest in a corporation or financial asset, which provide for an equal distribution in any profits, if any are declared, in the form of dividends.
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