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Most revocations of probation occur during the first 3 months, because of technical violations.
Indirect Materials
Materials used in the production process that do not become an integral part of the final product and are not directly traceable to specific goods.
Nonmanufacturing Costs
Expenses not related to the production of goods, such as selling, administrative, and financial costs.
Work in Process
Stock that consists of items that are in the midst of production but have not yet reached completion.
Job-order Costing
A cost accounting system that assigns manufacturing costs to an individual product or batches of products, ideal for customized orders.
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