Examlex
Which of the following protocols are commonly used by LAN?
Cost of Goods Sold
Expenses directly related to manufacturing goods that a firm sells.
Finished Goods
Merchandise that has been through the manufacturing phase and is now ready for customer purchase.
Accounts Receivable
Financial obligations customers have towards a business for received goods or services that remain unpaid.
Factory Overhead
Refers to the indirect costs associated with manufacturing, including costs for utilities, rent, and maintenance of equipment not directly tied to the production of goods.
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