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Rick does not like his weekly staff meeting because they last for hours and nothing seems to ever get done.The whole staff discusses each topic and there are lengthy give-and -takes between each department member.Rick's staff meeting suffers from too much .
Finished Goods
Products that have completed the manufacturing process but have not yet been sold or distributed to end-users.
Job-Order Costing
A cost accounting system used to accumulate costs of individual jobs, typically used in manufacturing firms that produce unique products or jobs.
Direct Labor Costs
The total cost of wages, benefits, and taxes for employees who are directly involved in the production of goods or services.
Cost Of Goods Manufactured
The manufacturing costs associated with units of product that were finished during the period.
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