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Processing Department
A division within a factory where a particular stage of production is carried out, such as assembling or painting.
Process Costing
A costing method used in manufacturing where costs are assigned to batches or production runs, typically suitable for uniform products.
Prime Costs
The combination of direct materials and direct labor costs.
Direct Labor
This term refers to the labor costs associated with workers who are directly involved in the production of goods or services.
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