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Identify/define and explain the significance of the following: the Golden Horde.
Direct Labour
The wages paid to workers who are directly involved in the production of goods or the provision of services.
Raw Materials
Raw materials are basic and unprocessed inputs used in the manufacturing of goods.
Manufacturing Overhead
Indirect manufacturing costs such as the expenses for factory maintenance and equipment depreciation.
Raw Materials Used
The total value of all raw materials consumed in the production process over a specified period.
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