Examlex
Which of the following training methods is the most familiar?
Direct Labour
The labor costs directly attributable to the production of goods or services, typically including wages of workers who are physically involved in creation of the product.
Variable Overhead
Expenses that fluctuate with changes in production volume, such as utilities or materials used in the manufacturing process.
Fixed Overhead
Fixed costs that do not vary with the volume of production, such as rent, salaries, and insurance.
Variable Selling
Costs that vary in direct proportion to the volume of sales, such as commissions or shipping fees.
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