Examlex
LED lighting is useful for media production because it is high efficiency and has no heat production.
Direct Labor Cost
The total cost of workforce expenses directly involved in the manufacturing of products or delivery of services, excluding indirect labor costs.
Absorption Costing
A costing methodology in accounting that factors in all costs associated with manufacturing, such as direct materials, direct labor, along with both variable and fixed overheads, into the product's cost.
Unit Product Cost
Unit product cost is the total cost to produce one unit of product, calculated by dividing total production costs by the number of units produced.
Direct Labor Cost
The total amount of money a company spends on wages for employees who are directly involved in the manufacturing of products or providing services.
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