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Both Americans and Japanese view compliments as a positive way to improve their image.
Direct Materials
Raw materials that are directly traceable to the manufacturing of a product and considered a part of the product’s cost.
Direct Labor
The labor costs directly associated with the production of goods, including wages for workers who are involved in the actual manufacturing process.
Allocation Base
A measure or statistic used to distribute indirect costs to different cost objects, such as departments or products.
Budgeted Overhead
The estimated amount of all indirect costs associated with the production process or project.
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