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In three to five sentences,explain the manifest and latent functions of public schools in the United States.
Freight Costs
Expenses incurred by a company to transport goods, typically categorized as either inbound or outbound freight.
Process Costing
An accounting methodology used for homogeneous products, where the costs are assigned to batches of products instead of individual units, suitable for manufacturing environments with continuous production processes.
Continuous Production
A manufacturing process where materials are produced without interruption across various stages of production, typically used for high-volume, low-variety products.
Raw Materials Inventory
Items and components stored that are used in the manufacturing process to create finished goods.
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