Examlex
Many working-class jobs require ____, but rarely, _____________.
Cost per Unit
The cost to produce a single unit of product, calculated by dividing the total production cost by the number of units produced.
Total Manufacturing Cost
The aggregate expenses involved in making a product, including raw materials, direct labor, and overhead costs.
Job Costing System
An accounting method used to track costs and profitability of individual jobs or projects, allowing for precise control and reporting of expenses.
Process Costing System
A method of accounting that traces and accumulates direct costs, and allocates indirect costs of a manufacturing process, to products by averaging them over units of output.
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