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Last year, as she was preparing a sumptuous dinner for her boss, Jan reached to the back of her refrigerator for a jar of olives.The contents of the jar looked a bit funky, but Jan did not decide to toss the olives in the garbage until she noticed the "Best Before" date: "7 Feb 2012." That information most likely came to Jan as a result of a federal statute called the Hazardous Products Act.
Indirect Labor
Refers to the labor costs of employees who do not directly work on the production of products, but support the production process.
Direct Labor
The wages or salaries paid to employees who are directly involved in the production of goods or services.
Factory Employees
Workers employed in industrial production, typically involving manual labor or operation of machinery in a factory setting.
Raw Materials
Basic inputs and resources used in the manufacturing process to produce finished goods.
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