Examlex
Reduce the following fraction to its lowest terms.
39/65 = _____
Manufacturing Overhead
Expenses related to the manufacturing process that cannot be directly tied back to the production of specific goods, such as factory maintenance and rent.
Direct Materials
Basic substances utilized in the creation of a final product that can be directly attributed and identified within it.
Direct Labor
Direct labor refers to the employees and the associated labor costs directly involved in the manufacturing process of a company's products.
Prime Cost
The combined direct costs of raw materials and labor that are directly attributable to the production of a product.
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