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Command groups do not usually reach this stage,unless there is some drastic reorganization.What is this stage called?
Direct Material
Raw materials that are directly traceable to the manufacturing of a product and constitute a significant portion of the product's cost.
Indirect Material
Items used in the production process that do not become an integral part of the final product and are not easily traced to specific products, such as lubricants and cleaning supplies.
Unadjusted Cost of Goods Sold
The total cost directly associated with producing goods, not including any adjustments for inventory changes or operational costs.
Finished Goods Inventory
Finished products on hand that are prepared for sale, yet remain unpurchased by buyers.
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