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In glycolysis,a molecule of glucose is converted into 2 molecules of lactate.
Standard Costs
Pre-determined or estimated costs of products, labor, and materials or overhead for a particular period under normal conditions.
Kilos
A unit of measure equal to one thousand grams, commonly used worldwide to measure weight.
Cost System
A method or procedure adopted by a business to collect, classify, allocate, and report costs associated with its operations.
Work in Process
Inventory items that are in the production process but not yet complete.
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