Direct Labor Costs

  • 3 Posts
  • 1 Sections
  • 1 Types
Definitions
Cash Outflows
Cash Outflows Financial Management Business Operations Cash-Flow Statement Direct Labor Costs Overheads Taxes Dividends
Cash outflows are the financial transactions where a business expends cash, which is essential for managing liquidity and business operations.
Read more about Cash Outflows.
Definitions
Labor Intensive
Labor Intensive Direct Labor Costs Capital Expenditure Capital Intensive Industry Analysis Production Costs
Labor intensive refers to industries or companies where labor costs are a more significant component of total costs compared to capital expenditures.
Read more about Labor Intensive.
Definitions
Unit Standard Production Cost
Unit Standard Production Cost Cost Accounting Manufacturing Efficiency Cost Control Standard Costs Overhead Allocation Direct Labor Costs Direct Material Costs
The unit standard production cost is the cost per unit of production, incorporating all standard overheads, direct labor, and direct materials, used to measure efficiency and control costs in manufacturing.
Read more about Unit Standard Production Cost.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.