Examlex
Briefly describe the communication process.
Direct Materials
Raw materials used in the production process that are directly attributable to the product being manufactured.
Manufacturing Overhead
Refers to indirect factory-related costs that occur when producing a product, which includes costs like utilities, maintenance, and salaries of non-direct labor.
Material Costs
Expenses for raw materials and supplies that are used in the production of goods or in the provision of services.
Partially Completed
Refers to goods or projects that are in the process of being completed but are not yet finished.
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