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Microsoft Windows has become the ____ standard operating system today for personal desktop computers and network servers.
Conversion Cost
The total cost of converting raw materials into finished goods, including labor and manufacturing overhead expenses.
Manufacturing Overhead
The collective expenses not directly tied to the production of a specific product, including costs like factory rent or utilities.
Direct Materials Cost
The cost of raw materials directly used in the production of goods or services.
Product Costs
Costs that are incurred to acquire or manufacture a product and include direct materials, direct labor, and manufacturing overhead.
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