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For the following questions, compare the light reactions with the Calvin cycle of photosynthesis in plants.
-Produces molecular oxygen (O₂)
Beginning Finished Goods
Refers to the inventory of completed products that a company has on hand at the start of an accounting period.
Direct Labor
The labor costs directly tied to the production of goods or the provision of services, such as wages for factory workers or technicians.
Manufacturing Overhead
All indirect costs associated with the manufacturing process, aside from the costs of direct labor and direct materials.
Direct Materials
Raw materials directly traced and included in the finished product.
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