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The value 1.2 × 10 -6 can be expressed as .
Direct Materials
The raw materials that are directly used in the manufacturing process of a product.
Manufacturing Overhead
The indirect factory-related costs incurred when producing a product, including costs associated with maintenance, utilities, and salaries of supervisory personnel.
Direct Labor Costs
Expenses associated with employees who directly contribute to the manufacturing or production of goods in a company.
Annual Overhead Costs
The total expenses not directly tied to a product or service's production, incurred over a year, such as rent, utilities, and insurance.
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