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A principle emphasised in open education is:
Direct Labor-Hours
The total hours of labor directly involved in manufacturing a product, used in job costing and determining labor costs.
Fixed Manufacturing Overhead
The portion of manufacturing overhead costs that remains constant regardless of the level of production or sales volume.
Manufacturing Overhead Budget
An estimation of all manufacturing costs, excluding direct materials and direct labor, planned for a specific period.
Direct Labor-Hours
The cumulative hours that employees engaged in the manufacturing process have completed.
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