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Define corporate parenting.
Employee Salaries
Regular payments made to employees for performing their job duties.
Service Company
A business that earns revenue by providing intangible products or services, as opposed to selling physical goods.
Indirect Labor
The labor costs of janitors, supervisors, materials handlers, and other factory workers that cannot be conveniently traced to particular products.
Direct Labor-Hours
The total time workers spend directly manufacturing a product.
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