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Within an ERP program:
Factory Overhead
All indirect costs associated with the manufacturing process, including utilities, maintenance, and salaries of support staff.
Labor Costs
Expenses associated with compensating employees for their work, including wages, benefits, and taxes.
Production Orders
Instructions to start production of a specific quantity of a product, detailing materials, timings, and resources required.
Direct Materials
Fundamental components directly associated with the creation of a specific item or provision of a service.
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