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Direct Material
Raw materials that are directly attributable to the product being manufactured and can be easily traced in the manufacturing process.
Output
In economic and production contexts, this refers to the total amount of goods or services produced by a company or economy.
Actual Cost
The true expenditure incurred for manufacturing, operations, or project activities.
Direct Material
Materials directly related to the production of a product, which can be specifically identified as part of the product and form a large part of its manufacturing cost.
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