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A critical period is an optimal period during which
Direct Materials
Raw materials that are directly traceable to the manufacturing of a specific product and included in its cost.
Manufacturing Overhead
Costs not directly tied to the production of goods, including rent for factory space and equipment depreciation.
Operating Expenses
These are the costs associated with running the day-to-day operations of a business, excluding the cost of goods sold.
Work In Process
A category of inventory for items that are currently being manufactured but are not yet complete.
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