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What is the difference between a functional and an emotional benefit?
Direct Labor Hours
The total hours worked by employees directly involved in the manufacturing process or providing services, used in calculating production costs or rates.
Product-level Costs
Costs that can be directly attributed to a specific product, including materials and direct labor costs.
Units
Basic measures or quantities used to express a variable, item, or the extent of a service or product used in transactions.
Batches
Groups of items or goods processed or produced at the same time within a manufacturing operation.
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