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Which of the following determines how the system performs on the range of possible environments in which it may be used?
Cost of Goods Sold
The direct costs attributable to the production of goods sold by a company, including materials and labor costs.
Work in Process Inventory
Goods that are partially completed in manufacturing but not yet ready for sale, reflecting a stage between raw materials and finished goods.
Supplies Inventory
Items held in stock by a business, such as office supplies or maintenance materials, not directly used in manufacturing but necessary for operations.
Factory Overhead
All indirect costs associated with manufacturing, excluding direct materials and direct labor.
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