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What is the role of biology in human speech?
Raw Materials Inventory
Items and substances in stock that will be used in the manufacturing process to create goods and products.
Net Operating Income
A company's revenue minus its operating expenses, excluding taxes and interest.
Work in Process Inventory
Items that are in the process of being manufactured but are not yet complete.
Labor Rate Variance
The difference between the actual cost of labor and the expected (or standard) cost, often analyzed in cost accounting or budgeting.
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