Examlex
Describe the triangle of meaning and provide an example of the way it operates.
Direct Materials
Raw materials that can be directly attributed to the production of a specific product.
Direct Materials
Raw materials and components that are directly used in the manufacturing of a product.
Inventory
Goods and materials held by a business for the purpose of resale or production.
Production Budget
A production budget is a financial plan that estimates the number of units to be produced to meet anticipated sales.
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