Examlex
What is software whose source code is available free for any third party to review and modify?
Direct Materials
The specific raw materials used in the production of goods that can be directly attributed to the finished product, contributing directly to its manufacture.
Factory Depreciation
The decrease in value of manufacturing facilities and equipment over time due to wear and tear or obsolescence.
Cost of Goods Manufactured
The total expense incurred by a company to produce goods during a specific period, including labor, material, and overhead costs.
Manufacturing Overhead
All manufacturing costs excluding direct materials and direct labor.
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