Examlex
RFID eliminates the need for manual counting and bar-code scanning of goods at receiving docks.
Factory Overhead
All indirect costs associated with manufacturing, including costs related to operating the factory except for direct materials and direct labor.
Direct Labor
The expense of salaries for workers directly engaged in creating products or delivering services.
Product Costs
Costs that are directly associated with the manufacturing of goods, including materials, labor, and overhead.
Direct Materials Used
The actual amount of raw materials consumed in the production process of goods.
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