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Instructions: Please write a thorough, well-organized essay to answer each question.
-Explain the changes in the New World resulting from contact with Europe.
Direct Labor Cost
Direct labor cost refers to the expenses associated with employees who directly contribute to the production of goods or services.
Work in Process
Goods that are in various stages of the production process, but which are not yet finished products.
Requisition
An official request or demand for goods or services, typically within an organizational setting.
Storeroom
A room or area where materials, goods, supplies, etc., are kept for future use.
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