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What mountains are the result of the collision of the African Plate with the Eurasian Plate?
Work In Process Inventory
The cost of unfinished goods in the production process, including labor, raw materials, and overhead.
Conversion Costs
The combined costs of direct labor and factory overhead incurred to convert raw materials into finished goods.
Factory Overhead
All indirect costs associated with manufacturing beyond direct materials and direct labor, such as maintenance, utilities, and salaries of supervisory personnel.
Direct Labor
The cost of wages for employees directly involved in the production of goods or services.
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