Examlex
The origin of the Earth's biological diversity is embodied in
Direct Material
Raw materials that are directly incorporated into a finished product and can be easily traced.
Indirect Material
Materials used in the production process that can't be directly traced to a finished product, such as lubricants and cleaning supplies.
Storeroom
A designated space for storing inventory, tools, and materials, often found in a manufacturing or production facility.
Cost of Goods Manufactured
The total production cost of goods completed during a specific period, including labor, material, and overhead costs.
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