Examlex
____ variables and constants are known to the entire program.
Accounts Payable
Short-term liabilities representing amounts owed to suppliers or creditors for goods and services received that have not yet been paid for.
Raw Materials
The basic materials and substances that are used in the production of goods, often processed in various ways to create the final product.
Direct Labor Cost
The total expense of employing workers directly involved in manufacturing goods, including wages, benefits, and insurance.
Manufacturing Overhead
All indirect costs associated with manufacturing, including utilities, rent, and salaries for indirect labor.
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