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Find the product.
Merchandising Firm
A business that purchases goods and resells them at a profit without changing their basic form.
Manufacturing Firm
A business engaged in the industrial production of goods from raw materials through the use of labor and machinery.
Conversion Costs
The combined costs of direct labor and manufacturing overheads that are incurred to convert raw materials into finished goods.
Factory Overhead
Costs incurred during the manufacturing process that are not directly applicable to individual products, such as maintenance and utilities.
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