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Elements of a system include all of the following EXCEPT
Labour Rate
The standard or actual cost paid per hour of labor, used in calculating the total cost of production or services.
Raw Materials
Materials that are used to make a product.
Budgeted Production
The planned quantity of goods or services that a company aims to produce over a certain period, often based on forecasted demand.
Kilograms
A unit of mass in the metric system, equivalent to one thousand grams.
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