Examlex
____ can be characterized by little or no processing.
Finished Goods
Items that are fully manufactured but remain unsold and undistributed to the final consumer.
Raw Materials
The basic materials from which products are made, used at the start of the production process.
Requisitioned
The process of formally requesting or acquiring goods or services needed for business operations or production.
Direct Labor
The wages and related benefits for employees directly involved in the production of goods or services, considered a variable cost as it typically changes with production levels.
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