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Master chess players can make correct game moves at such speed that their acquired expertise feels like
Direct Labor
The cost of wages for employees who are directly involved in the production of goods or services.
Direct Materials
Refers to the raw materials that are directly incorporated into a finished product during the manufacturing process.
Overhead Costs
Expenses related to the day-to-day running of a business that are not directly linked to a specific product or service, such as rent, utilities, and administrative expenses.
Overhead Costs
Expenses related to the day-to-day running of a business that can't be directly linked to any specific product or service.
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