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Work In Process
Goods and materials that are partially completed in the manufacturing process, representing an inventory category on the balance sheet.
Inventory
Raw materials, work-in-progress, and finished goods that are considered part of a business's assets that are ready or will be ready for sale.
Non-Value-Added Costs
Expenses that do not contribute to the value or appeal of a product or service from the perspective of the customer.
Schedule Of Activity
A detailed plan that outlines all the tasks, timings, and responsibilities involved in a project or process to ensure successful completion and management.
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