Examlex
Match the combining form with the correct definition.
-lob/o
Fixed Manufacturing Overhead
Costs associated with manufacturing that do not vary with the level of production, including expenses like rent and salaries of managers.
Raw Materials Purchases
The total cost incurred by a company to buy the raw materials needed for production.
Standard Costs
Standard costs are predetermined costs of manufacturing a single unit or a number of units of a product during a specific period under assumed conditions.
Kilos
A metric unit of measure for mass, equivalent to one thousand grams or approximately 2.20462 pounds.
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