Examlex
Complete the following terms using the definitions.
-neutr/o: __________
Cost of Goods Sold
The total direct costs attributable to the production of goods sold by a company, including materials and labor.
Fixed Overhead
Regular, consistent expenses associated with operating a business such as rent, utilities, and insurance that do not vary with production volume.
Direct Labor
The wages and benefits paid to workers who are directly involved in the production of goods or the provision of services.
Raw Material
The basic material from which a product is made, typically unprocessed or minimally processed.
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