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Refer to the figure below. Which letter is paired with the correct label?
Finished Product
Goods that have completed the manufacturing process and are ready to be sold to consumers.
Direct Labor Costs
These are the wages paid to workers directly involved in the production of goods or the provision of services.
Conversion Costs
The costs required to convert raw materials into finished products, typically including labor and manufacturing overhead.
Manufactured Product
A product that has been processed or constructed through industrial or manufacturing operations.
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