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While researching the idea of opening his own health club, Tomas learned that 90 percent of health club members are between the ages of 18 and 49. They prefer to exercise with people of their own gender, are more likely to buy foreign-brand cars, and are urban dwellers. How can Tomas use this assembled information?
Direct Labor
The labor costs directly associated with the manufacturing of goods, specifically referring to the work of employees who physically produce the products.
Labor Force
The total number of people employed or seeking employment in a country or specific area.
Time Variance
The difference between the actual time taken to perform an activity and the expected or standard time allotted for it.
Direct Labor Hours
A measure of the total amount of time workers spend on direct production activities.
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