Examlex
Skinner and Bandura would generally agree that
Direct Materials
Raw materials that are directly traceable and allocate to the manufacture of specific goods or products.
Direct Labor Rate
The cost per hour for labor directly involved in manufacturing a product or providing a service.
Machine Hours
A measure of production output or activity level, using the total hours that machinery is operated as the unit of measure.
Machine Hours
The total running time of a machine during a specific period, often used as a basis for allocating manufacturing overhead.
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