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The scientific work of René Descartes resulted in the development of
Job-Order Costing
An accounting method that tracks costs individually for each job, suitable for companies that produce custom products or services.
Direct Labor Costs
Expenses that are directly tied to the production of goods or services, including wages of workers who can be directly traced to the product.
Indirect Labor Costs
Labor costs associated with employees who do not directly work on the production of products or services, such as maintenance staff or supervisors.
Manufacturing Overhead
All indirect costs associated with the production process, such as utilities, maintenance, and factory equipment depreciation.
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