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In the early days of Canada,the small population was scattered across a very large country.The lack of a transcontinental rail line resulted in most trading following a north-south pattern,that is,with the U.S.rather than with other Canadians.
Direct Materials
Raw materials that are used in the manufacturing process and are directly incorporated into the finished product.
Direct Labor
The wages and associated costs for employees who are directly involved in the production of goods or services.
Factory Overhead
All indirect costs associated with manufacturing, including utilities, maintenance, and salaries of indirect labor, not directly tied to the production of goods.
Sales Dollars
The total revenue generated from the sale of goods or services before any expenses are subtracted.
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