Examlex
Within the realm of ethical decision making, managers should attempt to maximize:
Machine Hours
A measure of the actual operating time of a machine or piece of equipment, used for costing and manufacturing planning purposes.
Direct Labor
The cost of wages for employees directly involved in the manufacturing or production of goods or services.
Work in Process Inventory
Represents the cost attributed to partially completed goods, which are still being manufactured.
Payroll Payable
Liabilities for wages owed but not yet paid to employees for work performed within a defined period.
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