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What was the impact of the Great Ice Age on human development?
Actual Direct Labor Cost
The total expense incurred from the wages and associated benefits of workers directly involved in the manufacturing of a product.
Total Standard Cost
The total budgeted cost for manufacturing a product, based on standard prices and quantities for input.
Variable Manufacturing Overhead
Costs related to manufacturing that fluctuate with the level of production output.
Direct Labor-Hours
The entire sum of hours clocked by employees who are directly involved in product creation.
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