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To insert a video, click the Online Video button in the Media group on the Insert tab.
Machine-Hours
A measure of production output or operational time, calculated by the number of hours machines are running.
Manufacturing Overhead
All indirect costs associated with the production process, such as utilities, maintenance, and salaries for employees not working directly on the product.
Direct Labor Cost
The total cost of all labor hours worked directly on the production of goods or services, excluding indirect labor costs.
Manufacturing Cost
The total expense incurred in producing a product, including the cost of direct materials, direct labor, and manufacturing overhead.
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