Examlex
What are "therbligs"?
Cost of Goods Sold
The total cost of manufacturing or acquiring a product that is sold to customers, including materials and labor but not distribution or sales costs.
Selling Expenses
Costs incurred directly related to the selling of a product or service, including advertising, sales salaries, and commission.
Period Costs
Expenses incurred that are not directly tied to production activities, such as administrative and selling expenses, and are charged to the period in which they arise.
Factory Supervisor
An individual responsible for overseeing the daily operations, personnel, and production processes in a factory or manufacturing plant.
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