The Three Cost Elements in Manufacturing a Product Are (1)______________

question 136

Short Answer

The three cost elements in manufacturing a product are (1)______________ (2)______________ and (3)______________.

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Definitions:

Related Revenues

Income that is directly connected to the primary operations or activities of a business.

Revenue

The total income generated by a business from its normal business operations, such as sales of goods or services.

Earned

Income or revenue that has been generated from business activities or services provided.

Cash

Money in the form of coins or banknotes, especially that used to operate a business.