Examlex
Encryption scrambles the contents of a file so you can't read it without having the right decryption key.
Equivalent Unit
It is a concept used in cost accounting to express the amount of work done on incomplete products in terms of fully completed units.
Factory Overhead
All indirect costs associated with manufacturing, including utilities, maintenance, and salaries of supervisory personnel, not directly tied to the production of goods.
Direct Labor
The labor costs directly associated with the production of goods, such as wages paid to workers who are actively involved in the manufacturing process.
Direct Materials
Direct materials are raw materials that are directly traceable to the manufacturing of a product and are an integral part of the finished product.
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