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Active listening skills can be learned.
Factory Overhead
Indirect costs related to manufacturing, excluding direct materials and direct labor, such as utilities, maintenance, and managerial salaries.
Indirect Labor
The labor costs of employees who do not directly work on the goods or services but support the production process.
Direct Materials
Direct materials are raw materials that can be directly attributed to the production of goods or services and are a critical component of manufacturing costs.
Overhead Rate
A measure used to allocate indirect costs to produced goods, calculated by dividing total overheads by an allocation base like labor hours or machine hours.
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