Examlex
Even if an employee sees a violation of OSHA standards,that employee has no right to call OSHA and request an investigation.
Variable Costing
An accounting method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in unit product costs.
Direct Labour
The labour costs directly attributable to the production of goods or services, including wages for workers who physically manufacture a product.
Manufacturing Overhead
All indirect costs associated with the manufacturing process, excluding direct materials and direct labor costs.
Contribution Margin
The difference between sales revenue and variable costs, used to cover fixed expenses and then contribute to profit.
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