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Which of the following phrases is most likely to be neutral, respectful, and inoffensive?
Cost Of Goods Sold
Costs directly connected to the creation of a company's sold goods, encompassing both materials and labor.
Finished Goods Inventory
This represents the stock of completed products that are ready to be sold but have not been sold yet.
WIP Inventory
Work in Process Inventory, representing the cost of unfinished goods in the production process.
Variable Product Cost
Costs that change in direct proportion to the level of production, such as materials and direct labor.
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