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List and describe reasons why a company might choose to decentralize.
Manufacturing Overhead
All manufacturing costs that are not directly associated with the production of a product, including indirect labor, materials, and expenses.
Manufacturing Cost
The total cost incurred by a company to produce a specific quantity of a product, including direct materials, direct labor, and manufacturing overhead.
Work in Process
Partially finished goods that are still in the production process at the end of an accounting period.
Raw Materials
Basic materials and substances used as inputs in the manufacturing process to produce goods or finished products.
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