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The shift from traditional to social media has made it challenging for marketers to
Fixed Manufacturing Overhead
Indirect manufacturing costs that do not vary with the level of production, such as rent, property taxes, and insurance.
Direct Labor
Direct labor refers to the work performed by employees directly involved in the manufacturing process of products.
Raw Material
Fundamental substances that are processed and converted into final products during manufacturing.
Work in Process
Inventory that includes goods that are in the production process but have not yet been completed.
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