A business that produces goods or services must develop and maintain accurate estimates of the cost of production. Direct labor, meaning toe work required to actually make a product, is a critical ...

Direct manufacturing labor costs are associated with the laborers in your factory who work on the goods you're manufacturing directly. It's important to measure this cost for a small business, because ...

Direct labor rates include wages, taxes, and benefits directly tied to producing goods or services. Exclude indirect labor like supervisors from direct labor rate calculations. Monitoring direct labor ...