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Companies That Use Automated Production Processes Often Condense the Three

question 187

True/False

Companies that use automated production processes often condense the three manufacturing costs into two categories: Direct materials and Conversion costs.


Definitions:

-logy

A suffix used to indicate the study or science of a particular subject.

Milliliter

A metric unit of volume equal to one-thousandth of a liter, commonly used to measure liquids.

Thousandth

A unit or measure representing one part in a thousand of something.

Liter

A metric unit of volume equal to 1000 cubic centimeters or approximately 0.26 U.S. gallons.

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