Examlex
________ can be used as pointers.
Direct Labor
The labor cost associated with workers who are directly involved in the production of goods or the provision of services.
Direct Materials
Raw materials that are directly incorporated into the finished product and can be easily traced to it.
Ideal Standards
Standards that can be achieved only under perfect operating conditions, such as no idle time, no machine breakdowns, and no materials spoilage; also called theoretical standards.
Machine Breakdowns
Unplanned events where machinery or equipment fails to operate, potentially causing disruptions in production and incurred costs for repairs and maintenance.
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