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Direct Labor-Hours
A measure of the total amount of time worked by employees directly involved in manufacturing a product or delivering a service.
Variable Overhead
Costs of production that vary with the level of output, such as utility expenses or raw material costs.
Direct Materials
Raw materials that are directly traceable to the production of a specific good or service.
Variable Overhead
Costs of operation that fluctuate with production volume, such as utilities for machinery.
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