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Cash Collections
The process of gathering all received cash and cash equivalents, including payments from customers and other sources.
Direct Labor Cost
The compensation given to workers who are directly engaged in manufacturing products or providing services.
Raw Materials
The basic materials from which products are made, used in manufacturing processes to produce finished goods.
Direct Labor Wage Rate
The amount paid per hour or unit of production to manufacturing workers who are directly involved in converting materials into finished goods.
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