Examlex
Use the information given in the figure.
- How many are in B and C?
Raw Materials Cost
The total expense associated with the raw materials used in the production of goods or services.
Administrative Expense
Costs related to the general administration of a business, such as salaries of executive officers and costs of general services.
Estimated
An approximate calculation or judgment of a value, number, or quantity, based on limited information.
Selling and Administrative Expense
Overheads related to the selling of products and the management of an organization.
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