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What Is 3D Printing

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What is 3D printing?


Definitions:

Direct Labor Rate

The cost per hour for labor directly involved in manufacturing a product or providing a service.

Direct Materials Cost

The cost of raw materials that are directly used in the manufacture of a product and are easily traceable to it.

Total Overhead Applied

The total amount of manufacturing overhead costs allocated to individual jobs or products based on a predetermined overhead rate.

Direct Labor Rate

The cost per hour for labor directly involved in the production of goods or services.

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