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Direct Labor
The labor directly involved in the manufacturing of a product, which can be easily traced back to that product.
Fixed Overhead
Refers to the static expenses that occur regardless of the level of production or business activity, such as rent, salaries, and insurance.
Direct Labor
The labor costs directly tied to the production of goods or services, including wages for workers who physically manufacture a product.
Raw Material
Fundamental materials in their original, altered, or partially processed forms that serve as inputs for manufacturing.
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