Examlex
FTP is the standard for uploading or downloading files over the Internet.
Contribution Margin
The amount remaining from sales revenue after variable costs have been deducted; it contributes towards covering fixed costs and generating profit.
Direct Labor
The wages paid to workers who physically produce products or are directly involved in providing services.
Fixed Manufacturing Overhead
The consistent expenses tied to manufacturing that do not vary with the level of production, such as salaries of managerial staff and depreciation of equipment.
Direct Labor
Direct labor refers to the work contributed by employees who are directly involved in the manufacturing or production process of goods or services.
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