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Fill in the blank with one of the words or phrases listed below.
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Manufacturing Overhead
All indirect costs associated with the production process, including utilities, depreciation, and maintenance of equipment.
Work in Process
Inventory that includes all the materials, labor, and overhead costs for products in the production process but not yet completed.
Work in Process
Inventory items that are in the production process but are not yet complete.
Finished Goods
Items that are fully manufactured but remain unsold and undistributed to the final consumer.
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