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The first organization for applied psychologists in the United States was for psychologists who referred to their specialty as
Factory Overhead
All indirect costs incurred during the production of goods, such as utilities, depreciation, and salaries of maintenance employees.
Direct Materials
Basic substances used in the direct creation of particular products or services.
Lubricants
Substances introduced between surfaces to reduce friction and wear, often essential for the smooth operation of machinery.
Direct Cost
Expenditures that can be directly associated with manufacturing certain goods or services, like labor and raw materials.
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