Examlex
The purpose of discipline is to encourage employees to behave sensibly at work.
Factory Overhead
All indirect costs associated with manufacturing, such as utilities and maintenance, not directly tied to the production of goods.
Factory Overhead
Factory overhead refers to the encompassment of all costs related to the production process that are not directly tied to a specific product, including equipment depreciation and quality control.
Direct Labor Hours
Direct Labor Hours are the total hours worked by employees directly involved in the production process of a company's goods or services, used in calculating labor costs and efficiency.
Overhead Applied
Overhead applied is the portion of overhead costs allocated to individual products or job orders based on a predetermined formula or rate.
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