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Solve the equation.
Direct Labor
The labor costs directly associated with the manufacturing of a product or the provision of a service.
Factory Overhead
All indirect costs associated with manufacturing, excluding direct materials and direct labor. Examples include utilities, depreciation on factory equipment, and salaries of factory supervisors.
Lean Manufacturing
An orderly technique for minimizing waste in industrial operations while ensuring productivity remains unaffected.
Manufacturing Cells
A layout design in manufacturing where machines and workstations are arranged to optimize the production process and reduce waste, focusing on the manufacturing of a single product or a group of similar products.
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