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A "banker's bank" is another name for
Raw Materials
Basic materials used in the production process that are transformed into finished goods.
Storeroom
A room or space where supplies, materials, or equipment are kept for future use.
Credit
An accounting entry that either increases a liability or equity account, or decreases an asset or expense account. It is positioned on the right side of an accounting ledger.
Predetermined Overhead Rate
A rate calculated before a period begins, used to apply manufacturing overhead costs to products based on a relevant activity, such as machine hours or labor hours.
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