Examlex
Organizational behavior knowledge:
Direct Labor-Hour
A measure of labor productivity that indicates the amount of labor input in terms of hours for producing one unit of output.
Job-Order Costing
A cost accounting system in which costs are assigned to specific jobs or batches, used in industries where goods or services are produced upon request.
T-Accounts
A tool used in accounting to represent the credits and debits for each transaction that occurs for each account within the double-entry bookkeeping system.
Manufacturing Overhead
All manufacturing costs that are not directly linked to the production of goods, such as maintenance of equipment and factory rent.
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