Examlex
What three kinds of particles are the main building blocks of an atom?
Direct Materials
Raw materials that are directly traceable to the manufacturing of a product and constitute an integral part of the finished product.
Manufacturing Overhead
Costs associated with the production process that are not directly traceable to a specific product, such as utilities and factory maintenance.
Cost of Goods Sold
The costs incurred directly from manufacturing the goods a company sells.
Overapplied
A situation where the allocated overhead costs in accounting exceed the actual overhead costs incurred.
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