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The "cost of finished goods manufactured this year" is the exact same as the "work in progress completed" in our formula. And that is why the manufacturing cost statement is structured the way it is. The above formulas are the basis of the manufacturing cost statement.
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Import/Export Price Indexes; Employment Cost Index; ... BLS has developed estimates of employment and hourly compensation costs in India's organized manufacturing sector. Compensation costs for India are not directly comparable with the data for the other countries published by BLS (see Data Features section below). ... Although BLS hourly ...
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