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Le Châtelier's principle states that if a system at equilibrium is disturbed, the equilibrium will shift to minimize the disturbance.
Total Job Cost
The complete cost of a specific job or project, including materials, labor, and overhead costs, calculated for cost tracking and pricing.
Total Job Cost
The sum of all expenses directly associated with the production of a specific job, including materials, labor, and overhead costs.
Estimated Total Manufacturing Overhead
The projected or forecasted total of all manufacturing overhead costs for a specific period.
Manufacturing Costs
Manufacturing costs are the costs incurred in the process of producing a product, which include direct materials, direct labor, and manufacturing overhead.
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