Examlex
Although the _____ is common in individualistic cultures, such as Australia and the United States, in collectivistic cultures, such as Japan and China, the _____ is more common.
Raw Material
Basic materials used in the manufacturing process to produce finished goods.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including both materials and labor costs.
Raw Material
Basic materials or substances used in the manufacturing or production process to create goods and products.
Work in Process
Inventory that includes all the materials, labor, and overhead costs for products that are in the production process but not yet completed.
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