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Talk About:  Declaration of Resolves​

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Talk about:  Declaration of Resolves​


Definitions:

Manufacturing Overhead

Indirect costs associated with manufacturing, not directly traced to a specific product, including utilities, depreciation, and maintenance expenses.

Direct Materials

Resources that can be directly associated with the manufacture of particular goods or services.

Job-Order Costing

A cost accounting method by which costs are assigned to specific jobs or batches, making it possible to calculate the cost per job accurately.

Direct Labor

The labor cost of workers who are directly involved in the production or manufacture of goods or services.

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