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If a mother is depressed, there is a good chance that her baby will have depression later in life.
Work In Process Inventory
The cost of unfinished goods in the production process, including labor, raw materials, and overhead.
Conversion Costs
The combined costs of direct labor and factory overhead incurred to convert raw materials into finished goods.
Factory Overhead
All indirect costs associated with manufacturing beyond direct materials and direct labor, such as maintenance, utilities, and salaries of supervisory personnel.
Direct Labor
The cost of wages for employees directly involved in the production of goods or services.
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