Examlex
All of the following items are among the key areas covered by the Malcolm Baldrige National Quality Award EXCEPT:
Direct Materials
Raw materials that are directly identifiable and assignable to the production of goods.
Factory Overhead
All expenses related to production that aren't direct materials or direct labor costs.
Per-Unit Cost
The cost associated with producing or acquiring a single unit of product.
Finished Goods Account
An inventory account that holds the value of products that are completed and ready for sale.
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