Meaning of Materials and supplies
How we at Bookkeeping Support Define the Meaning of Materials and supplies:
The cost of raw materials and other commodities utilized in the production of goods or services is referred to as “materials and supplies.”
How AI Define the Meaning of Materials and supplies:
Materials and supplies refer to the tangible items, such as raw materials, components, and supplies, that are used in the production process of goods or services, but do not become part of the final product.
