Examlex
The number appearing immediately following the decimal place in a regulation citation refers to the
Direct Labor
The labor cost of workers who are directly involved in the production of goods or the provision of services.
Factory Overhead
All indirect costs associated with manufacturing, excluding direct labor and direct materials.
Direct Labor
The labor cost directly attributed to the production of goods or services, typically wages paid to those on the manufacturing floor.
Direct Materials
Raw materials that can be directly traced to the production of a product and are an integral part of the finished product.
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