Examlex
Which of the following should be avoided by an expert witness at a deposition or a trial?
Labour Rate Variance
The difference between the actual cost of labor and the standard or expected cost.
Standard Cost Per Bag
A pre-determined cost estimate for producing or purchasing a single unit of product, in this context, a bag.
Direct Material
Raw materials that are directly traceable to the manufacturing of a product and constitute a significant portion of the production cost.
Direct Labour
The workforce directly involved in the manufacturing of goods or provision of services, whose wages are directly associated with specific products or services.
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