Examlex
In the shipping step of the customer order business management process,the ERP may recheck the availability of goods to ensure that delivery is immediately possible.
Conversion Costs
The combination of labor costs and overhead expenses involved in transforming materials into finished goods.
Factory Overhead
Indirect costs associated with manufacturing, such as utilities, maintenance, and manager salaries, not directly traceable to specific units of production.
Work In Process Inventory
Refers to the inventory that has begun the manufacturing process but is not yet completed.
Processing Department
A division within a manufacturing facility where a specific operational task or series of tasks is performed to convert raw material into finished goods or semi-finished goods.
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