Examlex
Training workers by changing and varying jobs is called job rotation.
Product Cost
The total cost incurred to create a product, encompassing raw materials, labor, and overhead expenses.
Direct Labor Costs
Expenses associated with the labor directly involved in the production of goods or services.
Manufacturing Overhead
The indirect costs associated with manufacturing a product, including utilities, depreciation on machinery, and maintenance costs, not directly tied to production volume.
Product Design Costs
Expenses associated with the creation and design of a product, including research, testing, and prototyping.
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