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For a system of molecules,
Work in Process
Goods in various stages of production within a factory, not yet completed but also not raw materials.
Fixed Manufacturing Overhead
The costs associated with production that do not change with the level of output, such as depreciation of equipment and salary of the factory manager.
Direct Labor
The labor cost directly associated with the production of goods, including wages of workers who are directly involved in creating the product.
Cash Account
An account that records cash transactions both received and expended, reflecting the cash position of a business at any given time.
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