Examlex
The size of the print production group in an agency depends on the size of:
Direct Labor Costs
The wages paid to workers who are directly involved in the production of goods or the provision of services, excluding the cost of materials and overhead.
Materials Price Variance
The difference between the actual cost of materials used in production and the standard cost expected for those materials.
Raw Materials
These are the base ingredients or components that companies use in the production of goods.
Materials Price Variance
The difference between the actual cost of materials used in production and the standard cost of those materials.
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