Examlex
Environmental situational factors include all of the following EXCEPT:
Manufacturing Costs
Manufacturing costs encompass all expenses directly involved in the production of a good, including raw materials, labor, and factory overhead.
Direct Materials
Raw materials that are traceable directly to the manufacturing of a product.
Absorption Costing
A method of cost accounting that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a unit of a product.
Cost Per Unit
The complete cost associated with manufacturing, storing, and selling a single unit of a product or service.
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