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The hammer, anvil, and stirrup are:
Outside Supplier
A third-party company or entity that provides products or services to another company, often used when in-house production or provision is not feasible.
Relevant Cost
Costs that will be affected by a decision in the future and therefore should be considered in the decision-making process.
Direct Labor Cost
Expenses associated with the wages and benefits of employees who are directly involved in the manufacturing process.
Financial Advantage
The benefit obtained from making a particular financial decision, typically resulting in monetary gain or cost savings.
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