Examlex
Two techniques to identify things in the problem domain are the noun technique and the verb technique.
Direct Materials
Raw materials used in the manufacturing of a product, which can be directly attributed to that product.
Direct Labour
Direct Labour refers to the wages and salaries of employees who are directly involved in the production of goods or services, considered as a variable cost.
Direct Labour Cost
The total expense a company incurs for paying the wages of direct labor employees directly involved in producing goods or services.
Overhead Rate
The rate used to allocate manufacturing overhead to individual units of product, typically based on a standard measure such as labor hours or machine hours.
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