- direct hour
- An hour spent working on a product, service, or cost unit of an organization. It is usually expressed as a direct labour hour, machine hour, or standard hour
Accounting dictionary. 2014.
Accounting dictionary. 2014.
Direct Energy — Type Energy retailer Industry Energy Founded 1985[1] or 1986 … Wikipedia
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Direct labour cost variance — is the difference between the standard cost for actual production and the actual cost in production.[1] There are two kinds of labour variances. Labour Rate Variance is the difference between the standard cost and the actual cost paid for the… … Wikipedia
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Direct labor cost — is a part of wage bill or payroll that can be specifically and consistently assigned to or associated with the manufacture of a product, a particular work order, or provision of a service also, we can say also it is the cost of the work done by… … Wikipedia
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Direct marketing — For distribution and retail sales of comic books, see direct market. Marketing Key concepts … Wikipedia
direct labour rate of pay variance — In a standard costing system, a variance arising as part of the direct labour total cost variance. It compares the actual rate paid to direct labour for an activity with the standard rate of pay allowed for that activity for the actual hours… … Accounting dictionary
direct labour hour rate — labour hour rate 1) The individual rate of pay per hour paid to operators categorized as direct labour 2) An absorption rate used in absorption costing. It is obtained by the following formula: (budgeted cost centre overheads)/(budgeted direct… … Accounting dictionary