Examlex
Which of the following statements about class modules is NOT true?
Variable Overhead
Generic term for the costs of production that fluctuate with the level of output, including expenses like utilities or raw materials.
Direct Labor-Hours
The number of labor hours spent directly on the production of goods or services.
Direct Materials
Raw materials that can be directly traced to the production of specific goods or services and are a significant portion of production costs.
Variable Overhead
Costs that fluctuate with the level of production output, including expenses like utilities and raw materials.
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