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One of the key reasons why children get along better with peers during the elementary school years than they did during the preschool years is that they now understand that others see the world differently than they do. That is, they have gotten better at
Finished Goods Inventory
Items in a manufacturer's inventory that are completed and ready for sale.
Direct Materials
These are raw materials that are directly used in the production of a product and are easily traceable to the product itself.
Materials Inventory
The total cost of all the materials that are currently stored by a company and that will be used in production.
Raw Materials
The basic materials from which a product is made, usually referring to unprocessed or minimally processed substances used in manufacturing.
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