Examlex
Which of the following is false?
Variable Overhead
Costs that vary with production volume but are not directly tied to specific production units, such as utilities for the manufacturing plant.
Direct Labor-Hours
The total hours worked by employees that are directly involved in the manufacturing process or providing a service, used in costing and operational efficiency analyses.
Direct Material
Primary raw materials directly incorporated into a finished product, an essential component in calculating the cost of goods sold.
Work in Process
Inventory that includes partially finished goods which are still in the production process.
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