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Cost Of Goods Manufactured
The total cost incurred to produce goods that are completed within a specific accounting period.
Raw Materials Inventory
The total cost or value of raw materials held in stock that are yet to be used in the manufacturing process.
Manufacturing Overhead
All indirect costs associated with the production process, including maintenance, utilities, and salaries of support staff.
Indirect Materials
Materials used in the production process that cannot be directly linked to specific products, such as lubricants and maintenance supplies.
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