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Indirect Labor Cost
Indirect Labor Cost
It is an expense, which is included in Overhead Cost of manufacturing cost, and refers to the wage paid to the employees who are involved in manufacturing two or more kinds of products. It includes the wage paid laborers who are engaged in indirect works and construction.
Related term: Overhead Cost
It is an expense, which is included in Overhead Cost of manufacturing cost, and refers to the wage paid to the employees who are involved in manufacturing two or more kinds of products. It includes the wage paid laborers who are engaged in indirect works and construction.
Related term: Overhead Cost
Reference:JIT Business Research Mr. Hirano Hiroyuki