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Factory Overhead
All the indirect costs associated with the manufacturing process that cannot be directly tied to a specific product, including costs related to the factory itself such as utilities, depreciation, and maintenance.
Direct Labor Costs
Expenses that are directly associated with the manufacturing of a product or the delivery of a service, such as wages of workers on the production line.
Factory Overhead
Indirect manufacturing costs not directly tied to individual products, encompassing expenses like factory rent, utilities, and equipment depreciation.
Work in Process Inventory
Items in a manufacturing process that are partially completed but not yet finished goods.
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