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Which of the following statistics is not based on the concept of concordant and discordant pairs?
Indirect Materials
Materials used in the production process, but cannot be directly associated with a specific product.
Finished Product
A good that has completed the manufacturing process and is ready for sale to customers.
Production Process
Refers to the method or sequence of operations involved in the production of a good or service.
Prime Costs
The combined costs of direct materials and direct labor, which are directly attributable to the production of goods.
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