Examlex
The use of bona fide occupational qualifications based on sex, religion, age, and national origin are not allowed under any circumstances.
Unadjusted Cost of Goods Sold
The initial calculation of all costs directly associated with the production of goods sold by a company, not including any adjustments for inventory methods or valuation changes.
Operations
The day-to-day activities involved in running a business that are necessary for producing goods and services and generating revenue.
Direct Labor-Hours
The total hours worked by employees directly involved in the production process, used as a basis for assigning labor costs to products.
Predetermined Overhead Rate
An estimated overhead rate used to apply manufacturing overhead costs to products, calculated before the costs are actually incurred.
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