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Factory Overhead
Factory overhead encompasses all the indirect costs associated with manufacturing, such as utilities, maintenance, and salaries of non-direct labor.
Assemblers Wages
The compensation paid to workers who are responsible for piecing together components to form a finished product.
Direct Labor
The cost of wages for employees who are directly involved in the production of goods or services, considered a variable cost in financial accounting.
Direct Materials
This refers to raw materials that are directly incorporated into a finished product during the manufacturing process.
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