The amount spent in terms of money right from the production of goods till their sale is called?
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The amount spent in terms of money right from the production of goods till their sale is called?
The amount spent in terms of money right from the production of goods till their sale is called?
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the amount spent is capital
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Answer:
Production costs refer to all the costs incurred by a business from manufacturing a product or providing a service. Production costs can include a variety of expenses, such as labor, raw materials, consumable manufacturing supplies, and general overhead.