Examlex
What is a common cause of MCS?
Indirect Materials
Indirect materials are supplies used in the production process that, unlike direct materials, are not part of the finished product, such as lubricants and cleaning supplies.
Direct Materials
Raw materials that are directly traceable to the production of specific goods or services and are considered variable costs.
Work in Process Inventory
Goods that are in various stages of the production process but are not yet complete products.
Finished Goods Inventory
Items that are fully manufactured, prepared for sale, and available for customers to buy.
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