Human effort and ideas drive production
human effort and ideas drive production
Labor
human effort and ideas drive production
Depends. If: Robots are your workers: not a lot directly, but the labour required for maintainance is quite important. Humans are your workers: Most of it. Motivation of said workers contributes the rest.
intellectual labor
Human effort and ideas drive production
human effort and ideas drive production
Labor
human effort and ideas drive production
Depends. If: Robots are your workers: not a lot directly, but the labour required for maintainance is quite important. Humans are your workers: Most of it. Motivation of said workers contributes the rest.
direct labor is that labor which directly involve in production of goods of product and separately identifiable with cost.
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.
intellectual labor
intellectual labor
The factory workers who directly involve in production of goods is direct labor which cost is also separately identifiable.
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.
The factory workers who directly involve in production of goods is direct labor which cost is also separately identifiable.