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Hourly Fee
A billing method where a service provider charges based on the number of hours worked.
Flat Fee
A charged price for a service that does not vary with usage or time.
Overhead
All manufacturing costs that cannot be directly traced to a product. Overhead includes indirect labor and materials, plant depreciation, insurance and property taxes, plant management salaries, and so forth. See Indirect Cost Pool.
Direct Labor
The workforce involved in the hands-on manufacturing of goods or provision of services.
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