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Encryption is the process of converting the ciphertext message back into plaintext so that it can be readily understood. _________________________
Work in Process
Inventory consisting of materials and labor that are partially through the manufacturing process but not yet complete.
Direct Labor
The cost of wages and other compensations for employees who are directly involved in the production of goods or services.
Fixed Manufacturing Overhead
Financial obligations that are consistent and not influenced by how much is produced or sold, like leasing costs, salaries for employees, and insurance coverages.
Direct Materials
Raw materials that are directly traceable to the production of a specific good or service and are variable costs.
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