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Define political behavior and explain its features.
Direct Materials
Raw materials that can be directly attributed to the production of goods.
Direct Labor
The wages and related expenses for employees who are directly involved in the production of goods or services.
Overhead Cost
Rephrased: Expenditures related to the business's general operations, not directly linked to any specific product or service.
Direct Materials
Raw materials that are directly used in the production of a product and can be easily attributed to that product.
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