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If Shawn can produce more donuts in one day than Sue can produce in one day, then
Conversion
The process of changing resources into finished products, or converting prospects into customers.
Equivalent Units
A concept used in cost accounting to represent the amount of work done on partially completed goods, expressed in terms of fully completed units.
First-in
A reference often used in inventory management, indicating that the first items produced or acquired are the first ones to be sold or used.
Materials
Substances or components used in the manufacturing or production of goods.
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