Examlex
The term "Big Data" refers simply to huge amounts of data.
Work in Process Inventory
Work in process inventory consists of partially completed goods that are still in the production process, representing a key component of a manufacturer's current assets.
Finished Goods
Goods that have finished being manufactured and are available for purchase.
Total Manufacturing Costs
The sum of all costs directly involved in the production of a product, including direct labor, materials, and manufacturing overhead.
Work in Process Inventory
Items that are in the production process but have not yet been completed or turned into finished goods.
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