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Discuss direct and indirect exporting.What are two advantages of exporting?
Manufacturing Overhead
All indirect costs associated with the production process, including utilities, depreciation, and salaries of non-direct labor.
Direct Labor
Direct labor refers to the wages paid to employees who are directly involved in the production of goods or services.
Direct Materials
Raw materials that are directly consumed in the manufacturing process of a product and are easily traceable to it.
Cost of Goods Manufactured
The total expense incurred by a company to produce goods in a specific period, including labor, material, and overhead costs.
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