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The following are distinguishing characteristics of retrospectives methodology EXCEPT
Factory Overhead
All indirect costs associated with manufacturing, including utilities, rent, and maintenance of equipment, which are not directly tied to production.
Direct Labor
The labor costs directly associated with the production of goods or services, typically including wages of workers directly involved in manufacturing.
Direct Materials
Raw materials that are directly used in the production of a product and can be easily traced to it.
Schedule of Cost
A detailed list showing the total costs involved in a specific project or for a specific period, categorized by type.
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