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Briefly identify and explain three main considerations for the layout of retail space.
Indirect Costs
Expenses not directly tied to the production of goods or services, such as overhead costs.
Machinery Setup
The process of assembling, configuring, and preparing machinery for operational use in manufacturing or industrial settings.
Cost Labels
Designations or categories used to identify, track, and analyze costs, helping in understanding their nature and how they should be managed.
Direct Materials
The raw materials that are directly traceable to the production of a specific product.
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