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During the First World War,the American Federation of Labor
Factory Overhead
Manufacturing costs that are not raw material or direct labor costs.
Raw Materials
The basic materials from which products are manufactured or made.
Corporate Headquarters
The main office or center of operations for a corporation, where key managerial and administrative activities are conducted.
LIFO Inventory Method
Last In, First Out, an inventory valuation method where the goods purchased last are the first to be sold.
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