Examlex
__________ refers to a temporary physiological response to a sensed change in the environment,which is generally not subject to conscious control and which does not depend on previous experience with the given type of environmental change.
Fixed Overhead
Fixed overhead refers to indirect costs that remain relatively stable regardless of the level of production or sales, such as salaries of administrative personnel and depreciation of buildings.
Variable Overhead
Costs that change in proportion to the level of activity or volume of production in a company.
Direct Labor
The wages and benefits paid to employees who are directly involved in the production of goods or delivery of services.
Direct Materials
Raw materials that are directly traceable to the production of goods, considered a variable cost.
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