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Bar charts can typically be formed with the bars vertical or horizontal without adversely affecting the interpretation.
Period Costs
Expenses that are not directly tied to the production of goods or services, such as selling, general, and administrative expenses.
Selling
The process of exchanging a product or service for money; involves promoting and delivering goods to customers.
Administrative
Related to the activities that manage, organize, and run an organization including tasks such as budgeting, staffing, and directing resources.
Indirect Labor
Labor costs associated with workers who are not directly involved in the production of goods or services, such as maintenance staff and supervisors.
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