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https://corporatefinanceinstitute.com/resources/knowledge/accounting/direct-labor/
Direct labor refers to the salaries and wages paid to workers that can be directly attributed to specific products or services. It includes the cost of regular working hours, overtime hours worked, payroll taxes, unemployment tax, Medicare, employment insurance, etc. Direct labor can be allocated to overhead in the production process.Estimated Reading Time: 7 mins
https://www.oxfordreference.com/view/10.1093/oi/authority.20110810104749947
An hour spent working on a product, service, or cost unit produced by an organization by those operators whose time can be directly traced to the production. The direct labour hour is sometimes used as a basis for absorbing manufacturing overheads to the cost unit in absorption costing. From: direct labour hour in A Dictionary of Accounting ».
https://www.accountingtools.com/articles/2017/5/6/direct-labor
Apr 07, 2021 · The cost of direct labor is generally considered to be the cost of regular hours, shift differentials, and overtime hours worked by employees, as well as the related amounts of payroll taxes. An expanded version of direct labor, known as fully-burdened direct labor, also includes an allocation of the benefit costs earned by direct labor employees.Estimated Reading Time: 1 min
http://www.teachmefinance.com/Scientific_Terms/Direct_labor_hours.html
Direct labor hours Direct labor hours worked by all mining employees at a mining operation during the year. Includes hours worked by those employees engaged in production, preparation, development, maintenance, repair, shop or yard work management, and technical or engineering work. Excludes office workers. Excludes vacation and leave hours.
https://www.myaccountingcourse.com/accounting-dictionary/direct-labor
Definition: Direct labor is the amount of effort exerted by employees to convert raw materials into finished goods. In other words, it’s the employees’ work that goes into making the products a manufacturer sells. This work can be traced back directly to the products they help produce. For example, a welder, machinist, or painter all help produce a ...
https://strategiccfo.com/direct-labor/
Direct Labor. In production, processes in which direct labor is an appropriate cost driver, allocate indirect costs to the cost of units of output via DL hours. Then, allocate indirect costs to the units of output using a cost driver rate. For example, it could be $2 dollars per hour of direct labor, or $0.40 per hour of direct labor, depending ...
https://www.accountingcoach.com/blog/what-is-direct-labor
What is direct labor? Definition of Direct Labor. Direct labor refers to the employees and temporary staff who work directly on a manufacturer's products. (People working in the production area, but not directly on the products, are referred to as indirect labor.). The direct labor cost includes the wages and fringe benefits of the direct labor employees and the cost of the temporary staff ...Estimated Reading Time: 2 mins
https://www.accountingtools.com/articles/the-difference-between-direct-and-indirect-labor.html
Apr 14, 2021 · The difference between direct labor and indirect labor is that only labor involved in the hands-on production of goods and services is considered to be direct labor. All other labor is, by default, classified as indirect labor. This distinction is important from an accounting perspective, since the two types of labor are treated differently.Estimated Reading Time: 2 mins
https://www.accountingtools.com/articles/what-is-direct-labor-cost.html
Apr 12, 2021 · Direct labor cost is wages that are incurred in order to produce goods or provide services to customers. The total amount of direct labor cost is much more than wages paid. It also includes the payroll taxes associated with those wages, plus the cost of company-paid medical insurance, life insurance, workers' compensation insurance, any company ...Estimated Reading Time: 2 mins
https://www.fool.com/the-blueprint/direct-vs-indirect-labor/
Jul 22, 2020 · Direct labor refers to any employee that is directly involved in the manufacturing of a product. If your business manufactures bicycles, the employees producing the bicycles are considered direct ...Estimated Reading Time: 8 mins
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