Examlex
How are ethical rules established in Kantian ethics?
Direct Labour
Direct Labour refers to the wages and salaries of employees who are directly involved in the production of goods or services, considered as a variable cost.
Direct Labour Cost
The total expense a company incurs for paying the wages of direct labor employees directly involved in producing goods or services.
Overhead Rate
The rate used to allocate manufacturing overhead to individual units of product, typically based on a standard measure such as labor hours or machine hours.
Normal Costing System
An accounting method that assigns indirect costs based on a predetermined rate and direct costs based on actual values.
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