Completion If You See a Sand and Gravel Operation near Operation

question 19

Short Answer

Completion
If you see a sand and gravel operation near where you live, you have observed one of ________ active operations based on business data collected in 2016.

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Definitions:

Direct Materials

Raw materials that are directly traced to the production of goods or services; these are the primary inputs in the manufacturing process.

Direct Labor

The earnings and perks of workers who are actively engaged in the making of products or provision of services.

Manufacturing Overhead

Indirect costs related to manufacturing that are not directly tied to a specific product, such as utilities and management salaries.

Raw Materials Inventory

Raw materials inventory are the basic materials and components that a company has in stock for the production process of its goods.