Use the information below for the year ended December 31,2014,to prepare the statement of cost of goods manufactured.
Definitions:
Layoff
The temporary or permanent termination of employment of an employee or a group of employees for reasons such as cost-cutting or downsizing.
Human Resource Management
The strategic approach to the effective management of people in a company or organization so that they help the business gain a competitive advantage.
Mergers And Acquisitions
The process of consolidating companies or assets, where 'mergers' is the combination of companies and 'acquisitions' is one company taking over another.
Effective
Achieving desired outcomes or goals with the least waste of time and effort; efficiency in action or use.
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