Examlex
MATCHING
Match the component of the nitrogen cycle with its description.
a.assimilation
c.nitrification
b.denitrification
d.nitrogen fixation
-carried out by nitrifying bacteria
Work in Process
Refers to the cost of the unfinished goods in the manufacturing process including labor, material, and overhead.
Materials Price Variance
The difference between the actual cost of direct materials and the standard cost multiplied by the actual quantity purchased or used.
Raw Materials
Basic materials used in the production or manufacturing process, before being transformed into finished goods.
Work in Process
Goods that are in the midst of being produced, representing inventory that is not yet fully completed.
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