Examlex
Which of the following is NOT true?
Product Costs
Direct costs associated with the production of goods sold by a company, including direct materials, direct labor, and manufacturing overhead.
Process Cost Accounting System
An accounting system that accumulates costs for each process or department within a production environment.
Continuous Production
A manufacturing process where materials are produced without interruption around the clock.
Like Units
A term used in manufacturing or project management to describe items or resources that are comparable in function or use, often for the purpose of standardization or simplification.
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