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Direct Labor Cost
The total expense of paying for the labor of employees directly involved in manufacturing a product or delivering a service.
Budgeted Direct Labor Cost
The estimated cost of labor directly involved in the production process, as planned in the budget.
Labor Rate Variance
The difference between the actual cost of direct labor and the estimated cost, indicating how well labor costs were controlled.
Direct Labor-hours
The complete tally of hours that workers, directly involved in making products or providing services, spend working.
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