If you own your own business or are responsible for running someone else's company, you'll have to separate your production costs into various categories before you can analyze how well your business ...

The cost of labor is the amount of employee wages and benefits, plus payroll taxes paid by an employer. The cost of labor can be broken into direct and indirect costs. Direct labor costs are those ...

Direct labor rates are the labor costs directly resulting in the production of a product or delivery of a service. These costs include wages as well as payroll taxes, insurance, retirement matches, ...

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