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What kinds of variables are appropriate to use in a factor analysis?
Raw Materials Inventory
The total cost of all the raw materials that are in stock and available for use in the production process at a given time.
Cost of Goods Sold
The direct financial outlays for producing the products a company sells, incorporating both labor and material costs.
Cost of Goods Manufactured
The total production cost of goods completed during a specific period, including materials, labor, and overhead costs.
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