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Fixed Factory Overhead
Regular, consistent costs associated with operating a manufacturing facility that do not fluctuate with production volume.
Direct Labour
The cost of wages for workers directly involved in the manufacture of products or the delivery of services.
Fixed Manufacturing Overhead
Indirect manufacturing costs that remain constant regardless of the level of production, such as factory rent and salaries of permanent staff.
Variable Manufacturing Overhead
Variable manufacturing overhead includes all production costs that change with the level of production output and are not direct materials or direct labor, such as utilities for the manufacturing facility.
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