Xia Co. manufactures a single product. All raw materials used are traceable to specific units of product. Current information for company follows: 
The company's cost of direct materials used, cost of goods manufactured and cost of goods sold is:
Definitions:
Formal Organizations
are structured groups established for a specific purpose, characterized by a clear hierarchy, roles, and rules that define its operation and governance.
Competitive Elections
Electoral processes where more than one candidate or political party has a realistic chance of winning, allowing for active participation and choice by the electorate.
Political Sociologists
study the relationship between society and politics, analyzing how social structures, institutions, and cultural norms influence political behavior and governance.
Weber's Types
Max Weber's classification systems in sociology, such as his types of authority: traditional, charismatic, and legal-rational.
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