Examlex
Cultural values create a social environment that encourages members to select some behaviors over others.
Manufacturing Overhead
All indirect costs related to the manufacturing process, such as utilities and salaries for management, that cannot be directly traced to specific products.
Direct Materials
Ingredients that are identifiable as directly contributing to the creation of a product.
Direct Labor
The cost of labor directly involved in the manufacture of products, such as wages paid to workers on the assembly line.
Manufacturing Overhead
All indirect costs associated with the production process, including utilities, depreciation, and salaries of non-direct labor.
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