• Direct labor cost is a part of wage-bill or payroll that can be specifically and consistently assigned to or associated with the manufacture of a product...
    2 KB (259 words) - 03:36, 5 March 2023
  • three categories: direct materials cost, direct labor cost and manufacturing overhead. It is a factor in total delivery cost. Direct materials are the...
    3 KB (309 words) - 18:29, 14 January 2024
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    workers. Manufacturing cost is divided into three broad categories: Direct materials cost. Direct labor cost. Manufacturing overhead cost. Non-manufacturing...
    10 KB (1,072 words) - 21:08, 31 May 2024
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    overhead are often called conversion cost, while direct material and direct labor are often referred to as prime cost. In marketing, it is necessary to know...
    7 KB (924 words) - 18:30, 22 April 2024
  • hourly cost by dividing the total yearly cost by the number of hours the employee will work. Direct labor cost Overhead (business) Wage "Labor Burden...
    2 KB (177 words) - 01:47, 20 September 2023
  • month of March the company recorded 4500 hours of direct labor time. The actual cost of this labor time was $64,800, or an average of $14.40 per hour...
    2 KB (254 words) - 22:26, 22 August 2020
  • surveyors and cost engineers may also prepare cost estimates or contribute to cost estimates. In the US, according to the Bureau of Labor Statistics, there...
    26 KB (3,310 words) - 15:24, 27 May 2024
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    the market. Labor costs are direct costs, that is, they can be identified among the total cost and assigned to a certain cost objective. Labor costs are...
    15 KB (1,676 words) - 20:47, 24 December 2023
  • total amount of cost driver or activity base. Common activity bases used in the calculation include direct labor costs, direct labor hours, or machine...
    5 KB (724 words) - 03:02, 24 February 2022
  • Direct costs, in accounting, are those costs which are directly accountable to a cost object (such as a particular project, facility, function or product)...
    3 KB (340 words) - 11:34, 30 January 2024