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After stagnating and stumbling through the dot-com crash in 2000 and 2001, Intuit developed a turnaround strategy that resulted in substantial profits.
Direct Materials
Raw materials that are directly traceable to the production of goods.
Indirect Materials
Materials used in the production process, but not directly traceable to a finished product, like lubricants and cleaning supplies for machine maintenance.
Manufacturing Overhead
All manufacturing costs that are not directly related to the production of a product, such as factory rent, utilities, and maintenance.
Indirect Materials
Materials used in the production process that are not directly traceable to individual products, like lubricants and cleaning supplies.
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