Direct Materials Cost

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Definitions
Direct Materials Cost
Direct Materials Cost Cost Classification Direct Cost of Sales Cost Unit Materials Requisitions Absorption Costing
Direct materials cost is the expenditure on materials that are used directly in the production process to manufacture a product. This cost is a part of various costing methods and significantly influences the overall production cost.
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Definitions
Variable Cost
Variable Cost Direct Materials Cost Semi-Variable Costs Fixed Costs Production Business Expenditure Financial Accounting Cost Accounting
Variable costs are expenses that change in proportion to the level of activity or volume of production a business undertakes.
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