Examlex
_________ is choosing to accept a risk level greater than normal for business reasons.
Direct Labor Costs
Costs associated with employees who are directly involved in the production of goods or services.
Manufacturing Overhead
All indirect costs associated with manufacturing beyond direct materials and direct labor, such as utilities, depreciation, and maintenance of equipment.
Raw Materials
Basic materials used in the production process to manufacture finished goods.
Raw Materials Inventory
The total cost of all the materials that are held by a company and that will be used in production.
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