Examlex
_____ refers to information shared among people on the same hierarchical level.
Indirect Labor
Labor costs that are not directly tied to the production of goods or the performance of services, such as the salary of a factory supervisor.
Overhead Applied
The allocation of estimated overhead costs to individual units of production based on a predetermined rate.
Direct Labor Costs
The total cost incurred by a company for the wages of employees who are directly involved in the operational production process.
Materials Requisition
A materials requisition is a document or electronic request used within a company to authorize the transfer of materials from inventory for production or other use.
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