Examlex
Theory of mind refers to a person's theory of what other people might be thinking.
Materials Costs
The expense incurred by a company for the raw materials used in manufacturing or producing goods.
First-In, First-Out Method
A method of valuing inventory whereby the costs of the first items bought or manufactured are the first ones accounted for in the calculation of the cost of goods sold.
Cost Of Ending Work
The total cost related to the unfinished work or inventory at the end of an accounting period.
Assembly Department
A section within a manufacturing facility where components are put together to make a finished product.
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