Examlex
The following is a simple frequency distribution table.Suppose we convert this table to a cumulative frequency distribution.The frequencies in each interval of the cumulative frequency distribution would be
Factory
A building or group of buildings where goods are manufactured or assembled chiefly by machine.
Work in Process
A part of the inventory account on the balance sheet that represents goods in various stages of production but not yet completed.
Finished Goods
Products that have completed the manufacturing process but have not yet been sold or distributed to the end customer.
Goods Sold
Represents the total quantity of goods that have been sold to customers during a specific accounting period.
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