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Describe Atkinson and Shiffrin's model of memory and how it works. Also, describe Tulving's components of memory and give an example of each component.
Factory Overhead
All manufacturing costs that are not directly associated with the cost of raw materials or direct labor, often including costs related to maintaining factory operations.
Direct Materials
Raw materials directly used in the manufacturing process of a product, easily traceable and integral to the finished good.
Direct Labor
The wages and other costs for labor that is directly involved in the manufacturing or production of goods or services.
Operating Income
A measure of a company's profit excluding one-off items and costs not directly related to its core operations, such as interest and taxes.
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