Examlex
What are the four steps in the staffing function of the HR department?
Direct Material Costs
Direct material costs are the expenses for raw materials that can be directly traced to the production of specific goods or services.
Variable Manufacturing Overhead
Costs of manufacturing that vary directly with the level of production, aside from direct labor and materials.
Fixed Manufacturing Overhead
Indirect production costs that remain constant regardless of the volume of production, such as factory rent and salaries of managers.
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