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Raw Materials Purchased
The total cost of raw materials bought by a company for the purpose of production in a specific period.
Cost Of Goods Manufactured
The total expense incurred to produce products during a specific period, including costs of raw materials, labor, and manufacturing overhead.
Cost Of Goods Sold
The total cost directly linked to the production or acquisition of the goods sold by a company.
Raw Materials Inventory
This represents the total cost of all materials that are not yet processed and used in the production of goods.
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