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Accumulating Manufacturing Costs
The process of tracking and collecting all the costs associated with the production of goods, from raw materials to labor.
Raw Materials Inventory
The stock of unprocessed materials used in the production of goods.
Invoice Costs
Invoice costs refer to the total amount billed to a customer for goods or services purchased, including the cost of the products, shipping, and any other charges.
Freight Costs
Expenses incurred by a company to transport goods, typically categorized as either inbound or outbound freight.
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