Examlex
If a firm offer is silent as to time,the UCC assumes ______.
Prime Costs
The direct costs of manufacturing an item, which typically include direct labor and direct materials.
Factory Overhead Costs
Costs incurred from running a manufacturing plant that cannot be directly associated with any particular product, such as utilities, depreciation, and maintenance expenses.
Direct Materials
Raw materials that can be directly traced to the production of a specific product and are a significant portion of the production cost.
Period Costs
Costs that are expensed in the period in which they are incurred, rather than being capitalized or included in the cost of goods sold, such as selling, general, and administrative expenses.
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