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The use of outside sources to develop and implement a training program is encouraged only if:
Worker's Tools Depreciation
The reduction in value of tools over time due to use and wear, attributed to the worker's tools used during production or service delivery.
Factory Overhead
All the indirect costs associated with manufacturing, excluding direct materials and direct labor costs, such as utilities, maintenance, and equipment depreciation.
Direct Materials
Raw materials that can be directly attributed to the manufacturing of a specific product and are an essential component in its production.
Office Equipment Depreciation
The process of allocating the cost of office equipment over its useful life, recognizing it as an expense on financial statements.
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