Raw Materials - ANS materials that go into the final product; the finished product of one company can become the raw materials of another company; MAY INCLUDE DIRECT AND INDIRECT MATERIALS



Direct Materials - ANS those materials that become a integral part of the finished product and whose cost can be conveniently traced to the finished products: ex. seats purchased from a subcontractor to install in it airline



Indirect Materials - ANS are includes as part of manufac...
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