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Ethics depends on a person's conscience,rather than on what the law says.
Direct Materials
Raw materials that can be directly attributed to the production of goods.
Variable Manufacturing Overhead
Costs that fluctuate with production volume, such as raw materials and direct labor.
Direct Labour Hours
The overall work hours of staff directly engaged in creating products.
Variable Manufacturing Overhead
The portion of variable overhead that is directly associated with the manufacturing process, such as indirect materials or supplies.
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