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The air pollution in China's cities is the worst in the world.
Net Operating Income
The total profit of a business after operating expenses are subtracted from gross profit but before taxes and interest are deducted.
Total Manufacturing Cost
The aggregate expense incurred in the production of goods, including direct materials, direct labor, and manufacturing overhead.
Work in Process
Inventory that represents partially completed goods which are still in the production process.
Actual Manufacturing Overhead Cost
The actual costs incurred for indirect manufacturing expenses, such as utilities, rent, and maintenance.
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