Examlex
Due to new methods of electronically transferring assets from savings accounts to checking accounts, many economists favor moving savings accounts from
Direct Labour-Hours
The total hours worked by employees directly involved in the manufacturing process, used as a basis for assigning labor costs to products.
Contribution Margin
The difference between sales revenue and variable costs, representing the portion of sales that contributes to covering fixed costs.
Production Constraint
A limit to the amount or volume of production, often caused by the availability of resources, technology, or market demand.
Machine Hours
A measure of the amount of time a machine is operated in the production process.
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