A baker would make finished goods from farm products.
Bakers
blacksmith
Bakers😄😄😀😉
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Bakers *-*
Because workers' wages increased, prices for manufactured goods decreased, and because of the new method of the assembly line, Europeans could afford to buy more consumer products.
Enumerated goods were products/goods produced by the colonies that could only be shipped to England.
[Debit] Finished Goods [Credit] Work in process
They wanted to maintain a monopoly on the products produced by these skilled workers. Lacking such skilled workers, the colonies could not produce the manufactured goods made in England and were forced to buy from England (or France or wherever).
Direct labor plus overheads called the conversion cost of manufacturing the products units as these costs are incurred to convert raw material into finished goods and without this cost there is no finished goods.
To build cars cheaply enough so that his factory workers could afford themTo sell the most products to the most number of people possibleTo build goods so cheaply that everyone could afford them
Prepackaging is d process or act of planning or having in mind of a particular goods to be packed after a finished products had been mdae.
The policy of Fordism affect workers because they gained higher wages and could buy more goods.
Prime costs is that cost which is prime for the manufacture of units of products while conversion cost is necessary to convert raw material into finished goods.
Finished goods are goods that have completed the manufacturing process but have not yet been sold or distributed to the end user.