Examlex
Which of the following refers to the different formats to represent or store data for use by humans and computer applications?
Raw Materials
The basic materials and substances used in the initial stages of production before being transformed into final products.
Direct Labor Cost
The total cost of wages for labor directly involved in the production of goods or services.
Direct Labor Wage Rate
The rate of pay for workers who are directly involved in the production of goods or the provision of services.
Finished Goods
Products that have completed the manufacturing process and are ready to be sold to customers.
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