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Joint application design and prototyping can help keep the analysis effort at a minimum yet still effective.
Direct Labor
The wages of employees who are directly involved in the production of goods or services.
Manufacturing Overhead-Control
An account used to record the indirect costs associated with the production process, including expenses such as utilities and rent.
Raw Materials Used
The total cost or amount of basic materials consumed in the production process.
Total Manufacturing Costs
The aggregate costs associated with producing goods, including direct materials, direct labor, and manufacturing overhead expenses.
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