Examlex
A prime is a ____.
Direct Labour Hours
The total hours worked directly on a specific job or task by employees, often used to allocate labor costs to products or services.
Variances
Differences between planned, budgeted, or standard costs and actual costs in business operations.
Cost Of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including materials, labor, and manufacturing overhead.
Accounting Period
A specific period of time used for financial reporting, typically a quarter or year, used to calculate financial performance.
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