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Honda hybrids use an integrated motor assist system that combines a modified gasoline engine with a permanent magnet electric motor.
Product Costing
The method used to determine the expenses associated with producing a product, considering factors like raw materials, labor, and overhead costs.
Factory Overhead
Indirect costs related to manufacturing, including costs associated with operating the factory like utilities and salaries, but excluding direct materials and direct labor.
Indirect Materials
Materials used in the production process that cannot be directly linked to specific products or jobs, such as lubricants for machinery.
Materials Requisitions
Requests or orders for company materials to be used in production, indicating types, amounts, and intended use.
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