Examlex
If you require a data entry in an Access database to fall between two dates (rather than between two numeric values) :
Materials Used
The cost of raw materials and supplies that are consumed in the manufacturing process to produce goods.
First-In, First-Out Method
An inventory valuation method assuming that the first items purchased or produced are the first ones sold, affecting the cost of goods sold and inventory valuation.
Conversion Cost
The total cost of converting raw materials into finished goods, generally comprising labor and overhead expenses.
Materials Cost
The expense incurred to obtain materials required for the production of goods or services.
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