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Units Started And Completed
The number of units that have been both initiated and finished within a specific accounting period, relevant in manufacturing and production processes.
Direct Materials
Raw materials that are directly incorporated into a finished product and are easily traceable to the product.
Direct Materials
Core ingredients that are directly associated with the assembly of specific items or delivery of services.
Conversion Costs
The combined costs of direct labor and manufacturing overheads incurred to convert raw materials into finished products.
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