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What is required to calculate the risk of a new technological system?
Factory Overhead
The indirect costs associated with manufacturing, including indirect labor, indirect materials, and other expenses that cannot be directly tied to the production of goods.
Indirect Material
Items used in the production process that do not become a part of the final product, such as lubricants for machines.
Direct Materials
Raw materials that are directly traceable to the production of a specific product and are a significant component of manufacturing expenses.
Nonmanufacturing Cost
Expenses that are not directly associated with the production of goods, including selling, general, and administrative expenses.
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