Examlex
Match the term with its definition.
-A face-to-face meeting with a customer
Materials Spoilage
The portion of raw materials that becomes unusable and is discarded during the production process.
Direct Labor
Labor costs directly attributed to the production of goods or services, such as wages paid to factory workers or assembly line employees.
Direct Materials
Raw materials that can be directly associated with the production of a product and are included in the final product.
Standard Costs
Predetermined or budgeted costs serving as a benchmark for evaluating actual performance and cost control.
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