Examlex
Within the brain, NO
Period Cost
Expenses incurred by a business that are not directly tied to production activities, such as administrative and selling expenses.
Direct Materials
Raw materials that are directly traceable to the manufacturing of a product and are a significant portion of the total production cost.
Administrative Expense
Costs related to the general management and administration of a company, such as salaries of executive personnel, accounting departments, and front office.
Direct Labor Cost
The cost associated with employees who directly contribute to the production of goods, such as wages for factory workers.
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