Classify the following cost elements as first cost FC componen Classify the following cost elements.

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Classify the following cost elements as first cost FC componen
Classify the following cost elements as first cost (FC) components or annual operating cost (AOC) components for a piece of equipment on the shop floor: supplies, insurance, equipment cost, utility cost, installation, delivery charges, labor cost.

Classify the following cost elements as first cost FC componen

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