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What is a shadow zone?
Raw Materials
Basic materials that are used in the production process to manufacture goods and are not yet processed or fabricated.
Work in Process
Goods that are in various stages of the production process but are not yet completed.
Finished Goods
Products that have completed the manufacturing process but have not yet been sold or distributed to customers.
Job Order Cost System
An accounting system that accumulates costs for each individually customized job, useful in manufacturing or service settings where work is undertaken on a specific order basis.
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