Examlex
In low-involvement purchase decisions:
Manufacturing Overhead
Every cost related to the manufacturing process that isn't direct labor or direct materials expenses.
Conversion Costs
The costs incurred to convert raw materials into finished products, including direct labor and manufacturing overhead but not direct materials.
Direct Labor
The wages paid to workers who are directly involved in the production of goods or services.
Accounts Receivable Clerks
Employees responsible for managing and tracking the money owed to a business by its debtors.
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