Examlex
Elements of a legal contract include all of the following,except:
Manufacturing Process
The sequence of operations or methods used to convert raw materials into finished goods.
Cost Of Goods Sold
Costs directly connected to the creation of a company's sold goods, encompassing both materials and labor.
Finished Goods Inventory
This represents the stock of completed products that are ready to be sold but have not been sold yet.
WIP Inventory
Work in Process Inventory, representing the cost of unfinished goods in the production process.
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