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Factory Rent
Expenses incurred for leasing a premises to use as a manufacturing or production facility.
Prime Costs
The combined direct costs of raw materials and labor that are directly attributable to the production of a product.
Conversion Costs
The sum of direct labor and overhead costs involved in converting raw materials into finished goods.
Electricity Costs
The expenses incurred for the consumption of electricity, often classified as a variable cost in production or operations.
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