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REM sleep is sometimes referred to as:
First-In, First-Out
An inventory valuation method where the oldest items in inventory are sold or used first.
Equivalent Units
A concept in cost accounting used to calculate the work done on partially completed goods, expressed in terms of fully completed units.
Cost Reconciliation Report
A document used to reconcile and verify the costs incurred by a department or project against the budgeted or expected costs.
Work In Process Inventory
Inventory that represents partially completed goods which are still in the production process.
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