The direct cost of an item is the portion of that item's cost that can be wholly assigned to the production of that item. Direct cost typically refers to materials, labor and expenses associated with ...

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 ...

Melissa Horton is a financial literacy professional. She has 10+ years of experience in the financial services and planning industry. Thomas J Catalano is a CFP and Registered Investment Adviser with ...