Examlex
The growing demand for customized products,which has led managers to ________ the variety of products and services their companies offer.
Labor
Work performed by humans that is used in the production of goods and services.
Equivalent Unit
A metric in cost accounting that quantifies the effort invested in partially finished units by equating it to the output of completely finished units.
First-in
implies the method where the earliest goods produced or acquired are the first to be used or sold.
Materials
Inputs and supplies used in the production of goods or in the provision of services.
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