Examlex
"Any overt response or activity by an organism" defines the term
Work In Process
Inventory items that are in the production process but not yet completed; often abbreviated as WIP.
Manufacturing Overhead Cost
Manufacturing overhead cost includes all indirect factory-related expenses incurred during the production process, such as maintenance, utilities, and quality control.
Cost Of Goods Manufactured
The total cost incurred to manufacture products, including labor, materials, and overhead, that were completed during a specific period.
Cost Of Goods Available For Sale
The total cost of all merchandise or products that a company has in stock and is ready to be sold, including both new and existing inventory.
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