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By the mid-1930s, there was strong nationwide agitation for a constitutional amendment to
Direct Materials
Materials directly linked to the creation of certain products or services.
T-Accounts
A visual representation of accounts used in double-entry bookkeeping, showing debits on the left side and credits on the right.
Cost Of Goods Sold
The expenses directly related to the manufacture of products a company sells, which include the costs of materials and labor.
Manufacturing Overhead
All manufacturing costs that are not directly linked to the production of goods, including indirect materials, indirect labor, and other indirect expenses.
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