Examlex
Master scheduling deals with products at what level?
Direct Labor
The wages and benefits paid to workers who are directly involved in the production of goods or the provision of services.
Raw Material
The basic material from which a product is made, typically unprocessed or minimally processed.
Direct Labor Variances
The difference between the actual costs of direct labor and the standard or expected costs, used for budgeting and financial analysis.
Direct Labor Costs
The expenses related to the wages of employees who are directly involved in the production or manufacturing of goods. This is a specific type of direct cost.
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