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Materials and Labor Costs That Are Clearly Associated with a Specific

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Essay

Materials and labor costs that are clearly associated with a specific process are known as _________________. Those costs that are not clearly associated with a specific process are called ______________.


Definitions:

Judicial System

The system of courts that interprets and applies the law in the name of the state or country.

Implied Warranty

An unwritten guarantee that the product will meet a minimum level of quality implying that it is fit for sale as intended.

Disclaim

To refuse a right or renounce a claim to something, often as a legal declaration.

Fitness for a Particular Purpose

A legal doctrine that implies a seller's promise that the goods sold will suit the specific purpose for which the buyer intends to use them.

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