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The two key characteristics of collaboration are iteration and feedback.
Raw Materials
The basic, unprocessed materials required in the manufacture of goods, often transformed through the production process.
Job-Order Costing
A costing method used to allocate costs to specific jobs or orders, tracking the expenses associated with each job individually.
Raw Materials Inventory
The stock of unprocessed materials waiting to be used in the manufacturing process.
Operations
A series of actions or activities conducted in a business or system to produce or achieve certain results or goods.
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