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When your message emphasizes how you, as the writer, will benefit, you are applying the "you" attitude.
Conversion Costs
All manufacturing costs other than direct material costs.
Absorption Costing
A method of inventory costing that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.
Direct Materials Costs
Costs directly traceable to the production of a product, including raw materials and component parts.
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