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Comet Shoemaker-Levy 9 collided with Jupiter in 1993.If a comet of similar size strikes Earth
Direct Materials
Raw materials that are directly traceable to the production of goods, considered a variable cost.
Fixed Overhead
Indirect costs or expenses that remain relatively constant regardless of the level of production or business activity.
Variable Overhead
Costs that vary with production levels, such as utilities or materials, which do not remain fixed over time.
Direct Labor
The cost of labor that is directly involved in the production of goods, easily traceable to a product.
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