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Use the properties of logarithms to expand the quantity.
Cost of Goods
The total direct costs attributable to the production of goods sold by a company, including materials and labor.
Cost of Goods Manufactured
The aggregate expense of finished goods within a certain timeframe, encompassing materials, workforce, and indirect costs.
Work in Process Inventory
Inventory at various stages of production, not yet completed but undergoing manufacturing processes.
Raw Materials
Basic materials and substances used in the initial stages of the production process, destined to be transformed into finished goods.
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