Direct labor hours is the hours available of labor or people for example if a factory has 10 workers and in a week of 5 days of 8 hours then total direct labor hours available in week is (10*8*5) 400 hours while machine hours is how much a machine can work per day of 8 hours for example if machine need setup time of 2 hours per day then hours available per day is 6 and total hours per week will be 30.
Human hour refers to the amount of time a human works or is productive in a given hour, while machine hour refers to the amount of time a machine operates within the hour. Human hours are measured based on human labor and productivity, while machine hours are based on machine operation and efficiency.
The three basic elements of costs are direct materials, direct labor, and overhead. Direct materials refer to the supplies used in production, direct labor refers to the cost of labor directly involved in production, and overhead encompasses all other production costs not directly tied to materials or labor.
There is no scientific evidence to suggest a higher percentage of women go into labor on a full moon night. Many studies have been conducted, and the results have been inconclusive in establishing a direct correlation between the full moon and the onset of labor.
The duration of a labor agreement is typically determined through negotiations between the parties involved. Factors influencing the duration include the needs of the business, labor market conditions, and the bargaining power of the parties. Additionally, legal requirements or industry standards may also impact the length of a labor agreement.
The Industrial Revolution was a period of significant economic, technological, and social change that started in the late 18th century. It saw a shift from manual labor to machine-based manufacturing processes, leading to advancements in industries such as textile manufacturing, coal mining, and transportation. This revolution had a profound impact on society, transforming modes of production, urbanization, and lifestyles.
Direct labor which do not vary with level of production is fixed direct labor while labor vary with change in production is variable direct labor.
Under absorption costing overheads are allocated to production based on predetermined overhead rates like machine hours, or direct labor hours etc while in direct costing overheads are allocated based on activity performed and relationship with production units.
difference between labor law and social legislation
All of the following are aspects of mass production except who? organized labor. What is the difference between production direct production and indirect ...
Using direct labor hours: Overhead rate = Total Overhead Expenses /Direct labor hours Using Machine hours: Overhead rate = Total Overhead Expenses /Machine hours
Direct labor savings are savings that a company receives from reducing current labor costs, whereas cost avoidance is savings from an expected increase in expenses. This increase could be due to opportunities driven from direct procurement management and decisions, although the additional expenses might not have been budgeted for directly.
Direct Labor: it is the type of labor which is directly related with the manufacturing of product in factory Like people directly working on machines for production of goods. Indirect Labor: it is the type of labor which is labor in nature but do not directly relate with the production of goods or without which the product can still be made like Supervisor in factory who supervise the workers working on machines to produce any product.
what is the difference between slave labor and free labor
Direct labor cost is that labor which directly related with manufacturing of products like machine workers etc while indirect labor cost is that labor cost which directly not manufacturing product but required as well like line mangers or factory supervisors salary etc.
Abraham Lincoln thought the difference was only that wage labor was temporary and slavery was permanent.
moarginal product of labor
cost relationship between direct and indirect.