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_________________ funded the Institute for Development Anthropology and has made pioneering contributions to applied anthropology.
Beginning Inventory
The value of all goods held by a company for sale at the start of an accounting period, before any new inventory has been added or any sales have been made.
Ending Inventory
The cumulative worth of merchandise ready for sale when an accounting period concludes.
Direct Materials
Raw materials that can be directly attributed to the production of goods, forming an essential component of finished products.
Budgeted Sales
An estimate of the sales revenue a company expects to achieve for a certain period, often used for planning and control purposes.
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