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What is the difference between an input file and an output file?
Cost Of Goods Available
The total inventory cost that a company can sell during a specific period, including goods purchased or manufactured.
Work-In-Process Inventory
Items in production that are not yet completed, considered a current asset on a company's balance sheet.
Finished Goods Inventory
Products that have completed the manufacturing process and are ready to be sold to customers.
Manufacturing Overhead
All indirect costs associated with the manufacturing process, such as utilities, maintenance, and factory management salaries.
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