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Transportation Out
Transportation out refers to the costs associated with delivering goods from a seller to a buyer, often recognized as a selling expense.
Product Cost
The total expense incurred to produce and deliver a product, including direct materials, labor, and overhead.
Period Cost
A type of expense that is not directly tied to the production process and is expensed in the period it is incurred.
Direct Labor
The labor costs directly attributable to the production of goods or services in a company.
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