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Changing family functions
Direct Materials
Direct Materials are raw materials that are directly traceable to the manufacturing of a product and are an integral part of the finished product.
Manufacturing Overhead
All indirect costs associated with the production of goods, such as utilities, maintenance, and supplies not directly traceable to a product.
Manufacturing Overhead
All costs related to the production process that are not direct materials or direct labor are considered indirect expenses.
Job-Order Costing
A cost accounting system that accumulates costs by specific jobs or orders, suitable for companies producing unique products or services.
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