Examlex
For § 351 purposes, stock rights and stock warrants are included in the definition of "stock."
Cost of Production Report
A document used in process costing that summarizes the amounts of costs for materials, labor, and overhead and assigns them to produced units.
Processing Department
A division within a factory where a particular stage of production is carried out, such as assembling or painting.
Process Costing
A costing method used in manufacturing where costs are assigned to batches or production runs, typically suitable for uniform products.
Prime Costs
The combination of direct materials and direct labor costs.
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