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Direct Labor Costs
Wages and benefits paid to employees who are directly involved in the production of goods or services.
Indirect Costs
Expenses not directly tied to the production of goods or services, such as overhead, rent, and administrative salaries.
Manufacturing Environment
A setting where goods are produced on a large scale using machinery, labor, and other resources.
Factory Overhead Incurred
The total costs associated with operating a factory that are not directly related to the production, including utilities, maintenance, and property taxes.
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