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What are the salient features of an egalicentric approach?
Units
A measure of quantity used to express the amount of product made or available.
Unit Product Cost
The total cost incurred to produce, manufacture, or acquire a product, divided by the number of units produced, representing the cost per individual unit.
Estimated
An approximation or educated guess based on available information or data.
Direct Labor Cost
The total cost of wages, salaries, and benefits paid to employees who directly work on manufacturing a product.
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