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A manager spent hours reviewing a comprehensive report to determine that only two brief sections were helpful inputs to a decision that needed to be made. The manager thought that this report
Clock Card
A card used by employees when clocking in and out of the factory; it becomes the basis for the payroll.
Payroll
The total amount of wages, salaries, bonuses, and deductions paid to or on behalf of employees over a specific period.
Manufacturing Overhead-Control
An accounting method used to gather and monitor the costs associated with the manufacturing process but not directly tied to specific products, such as rent, utilities, and salaries.
Supplies Inventory
Items and materials held by a company in stock that are necessary for its operations but not yet used or sold.
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