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Immediately after the end of the Revolution, the most popular public ritual in the United States became:
Raw Materials
Basic substances in their natural, modified, or semi-processed state used as inputs for a production process.
Work in Process
Inventory that includes goods partially completed in production but not yet ready to be sold to customers.
Cost Accounting Systems
Systems implemented by businesses to track, record, and analyze costs associated with the products they produce and sell.
Job Order Costing
A cost accounting method used to track the costs associated with a specific job or order, capturing direct labor, direct materials, and applied overhead.
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