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Depreciation Expense
Distributing the cost of a physical asset methodically over the time it is useful.
Direct Labor
The labor or workforce directly involved in the production of goods or providing services, considered a variable cost in manufacturing.
Factory Overhead
All indirect costs incurred during the production of goods, such as utilities, depreciation, and salaries of maintenance employees.
Direct Materials
Basic substances used in the direct creation of particular products or services.
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