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Your client complains of severe headaches. What is the proper term to document in the chart?
Overhead Cost
Indirect expenses related to the day-to-day operations of a business, such as rent, utilities, and administrative salaries.
Work in Process Inventory
Goods that are in the process of being produced but are not yet finished products in manufacturing.
Prime Costs
Prime costs are the direct costs of production, including direct materials and direct labor, but excluding indirect expenses like manufacturing overhead.
Conversion Costs
The costs incurred to convert raw materials into a finished product, including labor and manufacturing overhead expenses.
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