Examlex
The first PHP element to be created is the:
Raw Material Needs
The quantity and type of raw materials required for a company to manufacture its products.
Beginning Inventory
The value of goods available for sale or use at the start of an accounting period.
Ending Inventory
The total value of goods available for sale at the end of an accounting period, calculated by adding purchases to beginning inventory and subtracting the cost of goods sold.
End-of-Month Inventory
The valuation of all unsold goods, raw materials, and work-in-progress held by a company at the end of the month.
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