Examlex
The phenomenal growth of video sharing websites such as YouTube is an example of how Moore's Law can impact the business environment.
Indirect Materials
Materials used in the production process that are not directly part of the final product, such as lubricants and cleaning supplies.
Direct Labor
The cost of wages paid to workers directly involved in the production of goods or services, not including indirect labor costs.
Goods Sold
Refers to the total quantity or value of products that a company has sold over a particular period.
Goods Manufactured
Items that have been completed and are ready for sale, produced by a company during an accounting period.
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