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Job specialization is efficient in terms of automation and standardization.
Direct Labor Hours
The total hours of labor directly involved in producing goods or services, often used as a basis for allocating overhead costs.
Indirect Labor
Labor costs not directly associated with the production of goods or services, such as administrative and support personnel.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity, allowing for more accurate budgeting and variance analysis.
Direct Labor Hours
Direct Labor Hours are the total hours worked by employees directly involved in the production of goods or services.
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