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Raw Materials Inventory
The stock of unprocessed materials that are used in the manufacturing process to produce finished goods.
Cost of Goods Sold
The total direct costs attributable to the production of the goods sold by a company.
Raw Materials
Basic materials that are used to produce goods, finished products, or intermediate materials which are feedstock for future finished products.
Raw Materials Inventory
Stock of materials that are to be used in the production of goods, not yet processed or incorporated into finished products.
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