Examlex
Which of the following are virtual group technologies?
Direct Labor
The labor costs of all employees actually engaged in producing or directly working on a product.
Direct Materials
Raw materials that are directly used in the production of a product and can be easily traced back to the product.
Product Cost
The total amount of costs directly assigned to the creation of a product, including materials, labor, and overhead.
Operating Expenses
All the costs associated with the day-to-day operations of a business, excluding the direct costs of producing goods and services.
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