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Find of the functions.
Direct Materials
Raw materials that can be directly traced to the production of goods and are a significant part of the finished product.
Conversion Costs
Expenses in manufacturing that include both labor costs and overhead costs associated with converting raw materials into finished goods.
Equivalent Units
A method used in process costing that converts partially completed units into a smaller number of fully completed units.
Molding Department
A specialized section within a manufacturing facility where the shaping or forming of materials into products takes place, often involving processes like injection molding or casting.
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