Examlex
Match each term with its definition.
-operon
Equivalent Units
A concept used in cost accounting to convert the amount of work done on partially finished goods into the number of fully completed units.
Materials
Substances or components that are used in the production process to create a finished product.
First Processing Department
The initial stage or department in a manufacturing process where raw materials begin to be transformed into finished products.
Conversion Costs
Costs incurred to convert raw materials into finished goods, typically including direct labor and manufacturing overhead.
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