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If a corporation has issued common stock at various prices that exceed par value,legal capital will be made up of the
Prior Department
Refers to the earlier stage or department in a production process or organizational structure that precedes the current focus point.
Partially Processed Product
Items that have undergone some stages of the production process but are not yet completed.
Repetitive Manufacturing Processes
Production processes that repeat the same sequence of operations on a continuous basis to produce identical or very similar products.
Standardized Products
Goods that are uniform in quality and specifications, making them interchangeable with similar products.
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