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Cost of Services
Expenses directly related to the delivery of services, including labor, materials, and overhead costs.
Direct Labor Hours
The total time workers or employees spend creating a product or providing a service, often used in cost accounting.
Factory Overhead
Indirect manufacturing costs not directly tied to specific units produced, including maintenance, utilities, and salaries of supervisory staff.
Administrative Expenses
Costs related to the general administration of a business, such as salaries of senior executives, accounting, and human resources, that are not directly tied to any specific business activity.
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