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What must an employer do to create a job classification system?
Property, Plant, and Equipment
Long-term tangible assets used in the operating activities of a business, such as land, buildings, and machinery.
Fixed Manufacturing Overhead
Indirect manufacturing costs that remain constant regardless of the level of production or output volume.
Direct Labor
The wages paid to workers who directly contribute to the manufacturing or production process.
Raw Material
Basic substances in their natural, modified, or semi-processed state, used as inputs for a production process to create goods or services.
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