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Which of the following is an example of a summative-assessment alternative to traditional summative assessment?
Work in Process
Inventory items that are partially completed but require further work before they are ready for sale to customers.
Direct Labor Costs
Expenses related to the wages of employees who are directly involved in the production of goods or services.
Fixed Manufacturing Overhead
Manufacturing costs that do not vary with the volume of production, such as building lease payments or salaries of factory supervisors.
Work in Process
Inventory that includes all the materials, labor, and overhead costs for products that are in the production process but not yet complete.
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