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Direct Labor Hours
The total time workers or employees spend creating a product or providing a service, often used in cost accounting.
Factory Overhead
Indirect manufacturing costs not directly tied to specific units produced, including maintenance, utilities, and salaries of supervisory staff.
Administrative Expenses
Costs related to the general administration of a business, such as salaries of senior executives, accounting, and human resources, that are not directly tied to any specific business activity.
Period Cost
Expenses recognized in the accounting period when they are incurred, not directly linked to production activity.
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