Examlex
________ is not an essential negotiation skill.
Process Cost
The cost associated with a production process, allocated to products based on the process they go through rather than being directly traced to the product itself.
Conversion Costs
Conversion costs are the costs incurred to convert raw materials into finished products, including direct labor and manufacturing overhead.
Direct Labor
The labor costs directly associated with the manufacture of specific goods or services, which can be easily traced to a product.
Factory Overhead
Factory Overhead includes all indirect costs associated with the manufacturing process, such as utilities, maintenance, and manager salaries, not directly tied to production output.
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