Examlex
Swiss meringue cannot be used in buttercream.
Direct Labor
Labor costs directly associated with the manufacturing of products or provision of services, typically measured in hours worked or wages paid.
Goods in Process
Inventory items that are in the production process but are not yet complete, also known as work-in-process (WIP).
Applied Manufacturing Overhead
The amount of manufacturing overhead costs allocated to each unit of production, based on a predetermined overhead rate.
Raw Materials
Raw materials are the unprocessed or minimally processed resources used to produce goods, forming the basic input in manufacturing processes.
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