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Visual aids are graphics and visual devices used by a speaker to improve the audience's understanding.
Direct Labor
The labor costs directly traceable to the production of goods or services, such as wages paid to workers or machine operators.
Fixed Overhead
Overhead expenses that remain constant regardless of a company's level of production or sales.
Raw Material
Basic materials used in the production process that are transformed into finished goods through manufacturing.
Fixed Overhead
Costs that do not vary with the level of production or sales, including rent, salaries, and insurance, necessary for maintaining a business ’s operations.
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