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Symbolize the following statement. Some inventors do not file patent applications.
Cost of Goods Manufactured
The total expense incurred in manufacturing products during a specific period, including labor, materials, and overhead costs.
FG Inventory
Finished Goods Inventory, which represents the completed products that are ready to be sold but have not yet been sold.
Goods Purchased
The total value of all goods bought by a company for resale or for use in production.
Manufacturing Overhead
All the indirect costs associated with manufacturing a product, including indirect materials, labor, and expenses such as utilities and rent.
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