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Job-Order Costing
A cost accounting system used to accumulate costs of individual jobs, typically used in manufacturing firms that produce unique products or jobs.
Direct Labor Costs
The total cost of wages, benefits, and taxes for employees who are directly involved in the production of goods or services.
Cost Of Goods Manufactured
The manufacturing costs associated with units of product that were finished during the period.
Job-Order Costing
An accounting method used to track costs and revenues by specific jobs or orders, commonly used in industries with customized products.
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