Examlex
MATCHING
Match the following word or phrase with its correct meaning.
-Easily rolled and drawn into wire and has excellent corrosion resistance
Raw Materials
The basic substances in their natural, modified, or semi-processed state used as inputs for production.
Production
Production is the process of combining various material and immaterial inputs to make something for consumption or use, often involving manufacturing or creation processes.
Job-Order Costing
A costing method that assigns costs to specific production jobs or batches, useful in customized or small batch productions.
Manufacturing Overhead
Indirect costs associated with manufacturing, not directly traced to a specific product, including utilities, depreciation, and maintenance expenses.
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