Examlex
The rate of growth in real GDP minus the rate of growth of the population is the
Direct Labor Cost
The total cost associated with employing workers who directly manufacture products or perform services, including wages and other benefits.
Overhead Applied
The process of allocating estimated overhead costs to individual products or job orders based on a predetermined rate or method.
Estimated Total Manufacturing Overhead
The projected total costs associated with the manufacturing process that are not directly tied to the production of goods.
Estimated Total Manufacturing Overhead
The anticipated total costs associated with the manufacturing process, excluding direct materials and direct labor.
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