Examlex
The specialized or technical language of a profession is referred to as
Direct Labor-Hours
The total hours of labor directly involved in the production of goods or services, used as a basis for assigning labor costs to products.
Forming
A manufacturing process that involves shaping and combining materials to create a product.
Customizing
The process of modifying products or services to meet specific customer needs or preferences.
Traditional Costing
A costing method used for expense allocation in which the cost of products is based on the amount of manufacturing-related resources they consume, without differentiating between fixed and variable costs.
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