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Which ethical principle is primarily involved in informed consent?
Physical Units Method
A cost allocation method used to distribute costs among different units of output, typically applied in industries with uniform products.
Weighted Average Method
An inventory costing method that calculates the cost of goods sold and ending inventory based on the average cost of all items available for sale.
By-products
By-products are secondary products derived from the manufacturing process or chemical reaction, which may have less value than the primary product but can still be profitable.
Joint Costs
are costs incurred in the production process that benefit multiple, often separable, products or project components.
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