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In some ways, workers have greater voice when it comes to traditional management rights issues under Canadian joint industrial councils than they do with collective bargaining.
Factory Overhead
The umbrella of indirect production expenses, including costs related to operating the factory that are not directly tied to a specific product or production volume.
Manufacturing Process
A series of steps that are followed to convert raw materials into finished products.
Principal Products
The main or most significant products manufactured or offered by a company, often the primary source of its revenue.
Job Order Cost System
An accounting system that accumulates costs by specific jobs, used in situations where goods or services are produced upon receipt of a customer order.
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