Examlex
Hourly Worker
An employee whose pay is based on the number of hours worked rather than receiving a fixed salary.
Shop Foreman
A supervisory role within a manufacturing or industrial site, overseeing the work of employees and ensuring the efficiency and quality of production.
Work-In-Process Inventory
Goods that are partially completed in the manufacturing process but not yet ready for sale.
Cost Of Goods Sold
In a perpetual inventory system, an account that records the cost of merchandise inventory used to make the sale. Also, it is the total cost of the goods which were sold to customers.
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