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Normalizing fact tables improves data access performance and saves data storage space.
Direct Manufacturing Cost
Costs that are directly attributable to the production of a specific product, including direct materials and direct labor.
Indirect Manufacturing Cost
Costs related to production that are not directly associated with the product, such as maintenance, supervision, and utilities.
Incremental Manufacturing Cost
The additional cost incurred to produce one more unit of a product, often considered for decision-making in production processes.
Product Costs
Costs that are directly associated with the creation of a product, including direct materials, direct labor, and manufacturing overhead.
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