Direct Labor Rate in Production Cost Formulas

Direct labor rate refers to the cost incurred by a manufacturing company for the labor directly involved in the machining process. And is denoted by R_d.

Production Cost formulas that make use of Direct Labor Rate

fxCost amortized over years given Total rate for Machining and OperatorGo

FAQ

What is the Direct Labor Rate?

Direct labor rate refers to the cost incurred by a manufacturing company for the labor directly involved in the machining process.

Can the Direct Labor Rate be negative?

{YesorNo}, the Direct Labor Rate, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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