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Digital dependents are the first generation to have grown up surrounded by digital devices and Internet connectivity.
Product Costs
Expenses directly associated with the production of goods, including materials, labor, and factory overhead.
Direct Labor
The labor costs of all employees actually engaged in producing or directly working on a product.
Direct Materials
Raw materials that are directly used in the production of a product and can be easily traced back to the product.
Product Cost
The total amount of costs directly assigned to the creation of a product, including materials, labor, and overhead.
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