Examlex
What is a collection of data from various sources for the purpose of data processing?
Direct Labor
The labor costs directly attributed to the production of goods, including wages of workers who are actively involved in the manufacturing process.
Raw Material
The basic materials from which a product is made, used in the manufacturing or production process.
Work in Process
Partially finished goods that are still undergoing manufacturing processes but are not yet complete products.
Property, Plant, and Equipment
Long-term tangible assets used in the operating activities of a business, such as land, buildings, and machinery.
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