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T-Accounts
A visual representation of individual accounts in double-entry bookkeeping, showing debits on the left and credits on the right.
Work in Process
Partially finished goods that are in the process of production but are not yet complete.
Raw Materials
Fundamental substances employed in the creation of manufactured products.
Direct Materials
Materials that can be directly linked to the manufacturing of a particular product.
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Q135: The procedure by which significant changes may