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Learned helplessness is a condition resulting from the perception that we have no control over our environment.
Variable Manufacturing Overhead
Costs of manufacturing that vary directly with the level of production, aside from direct labor and materials.
Fixed Manufacturing Overhead
Indirect production costs that remain constant regardless of the volume of production, such as factory rent and salaries of managers.
Direct Labour
The labor costs directly attributable to the production of goods or services, typically wages paid to workers who are directly involved in manufacturing.
Direct Materials
Raw materials that are directly traceable to the production of specific goods or services and are an integral part of the finished product.
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