Examlex
Combining standardized building blocks in different ways to create unique finished products is known as
Work in Process
Goods partially completed in manufacturing, not yet ready for sale.
Raw Materials
The basic materials from which a product is made, used in the early stages of the production process.
Work in Process
Inventory that includes materials that have been partially completed, but not yet ready for sale.
Indirect Materials
These are materials used in the production process that cannot be directly linked to a specific product, such as lubricants for machines.
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