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Cost Of Goods Manufactured
The cumulative expenses a business incurs to manufacture products during a particular timeframe, encompassing materials, workforce, and indirect costs.
Direct Labour
The workforce directly involved in the production of goods or the provision of services.
Cost Of Goods Sold
Expenses directly related to the production of a company’s merchandise for sale, including the cost of labor and materials.
Raw Materials
The basic material from which a product is made, typically used in the manufacturing or production process.
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