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A company using the ________________ views an entire set of country markets as a unit,identifying groups of prospective buyers with similar needs as an opportunity market segment and develops a marketing plan that strives for standardization wherever it is cost and culturally effective.
Process Cost System
A financial recording method utilized to assign expenses to alike items that are manufactured on a large scale in an uninterrupted manner.
Maintenance Supplies
Items and materials used in the routine care and upkeep of machinery, equipment, and facilities.
Factory Overhead
All the indirect costs associated with running a manufacturing facility, such as utilities, maintenance, and salaried personnel, that cannot be directly traced to specific products.
Direct Materials
Raw materials that are directly used in the manufacturing process of a product and can be easily traced to it.
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