Examlex
The practice of alchemy is not associated with early Confucianism.
Direct Labor
The cost of employee wages that is directly associated with the manufacturing of products or the provision of services.
Unfavorable
A term used to describe a situation or outcome that is not advantageous, detrimental, or negatively impacts objectives.
Direct Labor Time Variance
The difference between the estimated time to produce a good or service and the actual time taken, multiplied by the hourly labor rate.
Direct Labor
This references the cost of labor that can be directly attributed to the manufacture or production of specific goods or services.