Examlex
The idea of the e-book was born when Michael Hart typed up the text of the U.S. Declaration of Independence on his computer in 1971.
Direct Material
Raw materials that can be directly attributed to the production of a specific product, part of the variable costs of manufacturing.
Manufacturing Overhead
Manufacturing overhead encompasses all the indirect costs associated with producing goods, such as utilities, depreciation, and salaries of support staff, that cannot be directly traced to specific products.
Direct Labor
The compensation given to workers directly engaged in creating goods or services.
Direct Materials
Rephrase: The raw materials or components directly incorporated into a finished product, impacting the product's production process.
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