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A designer who designs a belt,selects the leather,shaves and tools the leather and finishes it to perfection is an example of high
Machining
The process of cutting, shaping, or removing material from a workpiece using machines.
Equipment Depreciation
Equipment depreciation refers to the allocation of the cost of tangible assets over their useful lives, representing the wear and tear, deterioration, or obsolescence of physical assets.
Supervisory Expense
Costs related to the management and oversight of operations within an organization.
Machine-Hours
A measure of the amount of time a machine is operated during a given period.
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