Examlex
You are absorbed in reading your psychology text when the phone rings. After talking on the phone, you can't remember the last thing you read. This information was lost from _____ memory, because the phone conversation distracted you from _____ the information.
Tangible Components
These are the physical assets of a business or product which can be seen, touched, and measured.
Manufacturing Cost
The total expense incurred in the process of producing a product, including raw materials, labor, and overhead costs.
General and Administrative
Expenses related to the day-to-day operations of a business that are not directly tied to production, including salaries of non-production staff, office supplies, and rent.
Direct Materials
Raw materials that are directly traceable to the production of a specific good or product.
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