Examlex
Studies of ecosystems have demonstrated that
Cost of Goods Sold
The costs directly associated with producing a company's goods for sale, including expenses for labor and materials.
Inventory Account
Inventory Account is an asset account on the balance sheet that reports the value of a company's inventory - raw materials, work-in-process, and finished goods.
Factory Overhead
Manufacturing costs that are not raw material or direct labor costs.
Raw Materials
The basic materials from which products are manufactured or made.
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