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A(n)________ can handle shipments on an as-needed basis with no long-term contract required.
Job Order
A system or order for tracking the costs associated with a specific job or batch of goods, often used in manufacturing or service industries.
Process Cost Systems
An accounting method used to track and assign production costs to products based on processes or departments, typical in industries that manufacture homogeneous products.
Total Manufacturing Costs
The aggregate of all costs involved in the production of a product, including direct labor, materials, and overhead.
Direct Materials
Raw materials directly used in the production of goods, whose costs are easily traced to the finished product.
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