Examlex
_________ is equal to (common shareholders' equity/common shares outstanding) .
Direct Labour Cost
The total cost of all the labor force that is directly involved in the manufacturing of a product or the provision of a service.
Predetermined Overhead Rate
An estimated overhead rate calculated before the manufacturing process begins, used to assign overhead costs to products.
Direct Materials Cost
The expenditure on raw materials that can be directly attributed to the production of a specific product.
Direct Labour-Hours
The hours worked directly on the production of goods or services by employees.
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