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Factory Overhead
All indirect costs associated with manufacturing, excluding direct materials and direct labor, such as utilities, depreciation, and maintenance of factory equipment.
Direct Labor Costs
The wages of employees who are directly involved in the production of goods or services.
Debit Balance
An accounting term describing a balance where total debits exceed total credits in an account.
Direct Labor Costs
The wages and benefits paid to employees who are directly involved in the production of a company's goods or services.
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