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How are those indexes related to direct materials direct

1. What is the definition of ISM manufacturing and non-manufacturing index? What are components of ISM manufacturing and non-manufacturing index?How do we use those statistics for decision making? Please collect the most recent two-month data, and present and interpret those statistics.

2. How are those indexes related to direct materials, direct labor, manufacturing overhead and finished goods?

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Accounting Basics: How are those indexes related to direct materials direct

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