Examlex
All of the following are true of the Freedom of Information Act
Direct Labor Hours
The total hours worked by employees directly involved in the production of goods or services, often used to allocate labor costs to products.
Overhead
All indirect costs of running a business that are not directly associated with the production of goods or services, such as rent, utilities, and administrative salaries.
Direct Labor
The wages and benefits paid to employees who directly manufacture or produce the products of a company.
Labor Costs
The total expenses that a company incurs due to the employment of staff, including wages, benefits, and taxes.
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