Examlex
Which of the following provides tools and standard documentation for the project team?
Direct Labor
The wages and benefits paid to employees who are directly involved in the production of goods or delivery of services.
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.
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