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Codependency and enabling
Manufacturing Overhead
All manufacturing costs that are not directly associated with the production of goods, including costs related to indirect materials, indirect labor, and other indirect expenses.
Cost of Goods Sold
Represents the direct costs attributable to the production of the goods sold in a company.
Raw Materials
The basic materials that are processed or used in the manufacturing of goods or finished products.
Predetermined Overhead Rate
A calculated figure used for assigning the estimate of manufacturing overhead costs to individual units of production, based on a set rate determined at the beginning of an accounting period.
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