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Indirect Labor Costs
Costs associated with employees who do not directly work on the product but are necessary for the manufacturing process.
Work in Process
Inventory consisting of items that are in the process of being manufactured but are not yet complete.
Raw Materials Transactions
Activities and records pertaining to the purchase, usage, and inventory management of raw materials used in the production process.
November
The eleventh month of the year in the Gregorian calendar, marking the late autumn in the Northern Hemisphere and late spring in the Southern Hemisphere.
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