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What is the unitary state assumption?
Direct Labor-Hours
The number of hours spent by workers who are directly involved in the production process.
Budgeted Cost
An estimate of the financial expenditure for a project, department, or company over a specific period.
Direct Labor Budget
An estimate of the total labor cost and time required for the production process over a specific period.
Direct Labor-Hours
The total hours worked by employees who are directly involved in the manufacturing or production process.
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