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Bar charts can display data either horizontally or vertically.
Job-Order Costing
An accounting method used to track costs and revenues by specific jobs or orders, commonly used in industries with customized products.
Direct Labor Costs
The wages and benefits paid to workers who are directly involved in the manufacturing of products.
Cost Of Goods Manufactured
The total production cost of the goods completed and transferred out of the work-in-process inventory during a specific period.
Predetermined Overhead Rate
A rate calculated before the fiscal period begins, used to allocate projected overhead costs to products or job orders.
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