Examlex
What is the most common type of network used in businesses?
Direct Materials
Raw materials that can be directly attributed to the production of specific goods or services and are considered a variable cost.
Factory Overhead
All indirect costs incurred during the manufacturing process, excluding direct materials and direct labor.
Factory Rent
Factory rent refers to the cost associated with leasing a premise for manufacturing operations, classified as an overhead expense in accounting.
Prime Costs
The sum of expenses for the raw materials and labor directly involved in the manufacturing of a product.
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