Examlex
Match the options below with the correct phrases:
-collective bargaining
Direct Labor
Labor costs directly attributed to the production of goods or the provision of services.
Manufacturing Overhead
Indirect costs related to manufacturing that cannot be directly traced to specific products, such as utilities and management salaries.
Work in Process Inventory
This inventory category includes goods that are partially completed in the production process but not yet ready for sale.
Total Cost
The sum of all expenses incurred in producing a product or providing a service.
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