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Various techniques can be used to control the input effort.Write a one-page essay discussing three techniques.
Direct Materials Cost
The expense associated with the raw materials and components used in the manufacturing of a product.
Work In Process
Inventory that includes goods that are in the production process but are not yet completed, representing a component of a manufacturing company's current assets.
Manufacturing Overhead Cost
Expenses related to the manufacturing process that cannot be directly traced to individual products, such as factory rent, utilities, and equipment depreciation.
Cost Of Goods Manufactured
The total cost associated with producing goods, including materials, labor, and overhead, that is ready for sale during a specific time period.
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