Examlex
Parents must agree to the assessment procedures used to identify the need for any services provided through an IFSP, but they do not need to approve the IEP or the evaluation.
Prime Cost
The sum of direct materials and direct labor costs in a manufacturing process, not including overhead expenses.
Incremental Manufacturing Cost
The additional cost incurred to produce an additional unit of product, including direct materials, direct labor, and variable overhead.
Production Increase
The rise in the quantity of goods and services produced by a company over a specific period.
Total Variable Cost
The total of all expenses that change in direct proportion to the amount of goods or services produced.
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