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Manufacturing Overhead
Represents all the indirect costs associated with the production process of a company, including utilities, depreciation, and salaries not directly tied to specific units of product.
Direct Labor
The cost of wages and benefits for employees directly involved in the production of goods or services.
Raw Materials
The initial inputs in production, including basic substances used to manufacture goods.
Direct Labor
The cost of wages for the employees who are directly involved in producing a product or delivering a service.
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