Examlex
Use the sum-to-product formulas to select the sum or difference as a product.
Direct Labor-Hours
A measure of the amount of time workers spend on a specific task or production, used in calculating labor costs.
Finished Goods
Units of product that have been completed but not yet sold to customers.
Raw Material
Basic materials used in the manufacturing process to produce finished goods, including items like metals, plastics, and textiles.
Finished Product
A completed item that is ready for sale or has been sold.
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