Examlex
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Direct Labor Cost
Expenses associated with the wages and benefits of employees who are directly involved in the manufacturing process.
Financial Advantage
The benefit obtained from making a particular financial decision, typically resulting in monetary gain or cost savings.
Outside Supplier
A third-party company or entity that provides goods or services to another company, external to the buying organization.
Segment Margin
The net income or deficit achieved by a specific section of a company following the deduction of both direct and indirect expenses attributable to that section.
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