Examlex
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Variable Overhead
Costs that vary with the level of production or business activity, such as utilities or indirect materials.
Direct Material
Raw materials and components that are directly incorporated into a finished product and can be easily traced to the product.
Direct Labor-Hours
A measure of the hours worked by employees directly involved in the production process.
Variable Overhead
Expenses that vary with production levels, such as costs for power or materials used in the manufacturing process.
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