Examlex
Maslow's needs hierarchy theory failed to explain the dynamics of employee needs because they falsely assume that everyone fits into a single needs hierarchy.
Direct Labor
The cost of labor directly involved in the manufacture of products, such as wages paid to workers on the assembly line.
Manufacturing Overhead
All indirect costs associated with the production process, including utilities, depreciation, and salaries of non-direct labor.
Direct Labor
Direct labor refers to the wages paid to employees who are directly involved in the production of goods or services.
Direct Materials
Raw materials that are directly consumed in the manufacturing process of a product and are easily traceable to it.
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