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How do digital cameras work?
Raw Materials Purchased
This refers to the cost of raw materials bought by a company for the purpose of production in manufacturing processes.
Average Inventory
The mean value of inventory held over a certain period of time, calculated to help businesses understand inventory turnover.
Factory Overhead
All indirect costs associated with manufacturing, including utilities, maintenance, and management salaries.
Payroll Taxes
Taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their staff.
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