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Talk About: -William of Occam and Nominalism

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Talk about:
-William of Occam and nominalism


Definitions:

Direct Materials

Raw materials that can be directly attributed to the production of finished goods.

Finished Units

Products that have completed the manufacturing process and are ready for sale or distribution to customers.

Direct Labor

The wages paid to workers directly involved in the production of goods or services.

Overhead

All ongoing business expenses not directly attributable to creating a product or service.

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