Examlex
Match the term with its definition.
-G
Raw Materials
Basic materials used in the manufacturing process to produce finished goods, not yet processed or used in production.
Selling And Administrative Costs
Expenses related to the selling of products and the administrative aspects of a business, excluding production costs.
Direct Labor Costs
The expenses that a company incurs through the wages paid to workers directly involved in manufacturing goods or providing services.
Manufacturing Overhead
Indirect factory-related costs that are incurred when a product is manufactured, including costs such as depreciation, utilities, and salaries for supervisors.
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