Direct Labor Costs Plus Factory Overhead Costs

question 45

Short Answer

Direct labor costs plus factory overhead costs

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Definitions:

Triple Bottom Line

An accounting framework that incorporates three parts of sustainability: social, environmental, and financial performance.

Sustainable Development

Conducting business in a way that protects the natural environment while making economic progress.

Social Audits

Evaluations of an organization's social impact, policies, and practices, often concerning its contributions to social responsibility and ethical standards.

Environmental Scans

The process of gathering, analyzing, and dispending information for strategic purposes from the external and internal environments of an organization.