Examlex
In the IPAT model of human impact on environment, P is
Direct Labor
Costs attributed to the workers directly involved in the production of goods or services.
Salespeople Commissions
The payment made to sales staff, usually calculated as a percentage of the sales they generate.
Activity-Based Costing
Activity-based costing is an accounting method that assigns costs to products and services based on the resources they consume, aiming for more accurate cost information.
Overhead Rate
A measure used to allocate indirect costs to produced goods or services, calculated as overhead costs divided by the allocation base.
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