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The orientation from coworkers often provides new employees with inaccurate and misleading information.
Work in Process Inventory
Inventory at various stages of production, not yet completed but undergoing manufacturing processes.
Raw Materials
Basic materials and substances used in the initial stages of the production process, destined to be transformed into finished goods.
Direct Labour
The cost of workers who are directly involved in the production of goods or services.
Manufacturing Overhead
The indirect costs associated with the production process, including utilities, rent, and maintenance expenses of manufacturing facilities.
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