Direct Labor Costs definition

Direct Labor Costs means all costs, including wages and benefits, associated with the hiring and employment of personnel assigned to a process in which payroll expenses are traced to the units of output and are included in the cost of goods sold.
Direct Labor Costs. ’ means costs, including fringe benefits, that are associated with employees who are directly involved in the production of a good;
Direct Labor Costs means the total number of hours worked on a Cost Plus Fixed Fee Work Order by each employee multiplied by the verified Direct Labor Rate for the employee's labor category.

Examples of Direct Labor Costs in a sentence

  • CORDOBA CORPORATION CORDOBA CORPORATION Issue 1 – Over- Reimbursed Direct Labor Costs 1a -The Subconsultant should ensure billed labor costs are incurred and paid prior to seeking reimbursement.


More Definitions of Direct Labor Costs

Direct Labor Costs means the labor hours required for an operation for such a Product multiplied by the direct labor rate for work centers within the relevant manufacturing operating unit (including salaries, wages and benefits).
Direct Labor Costs means the reasonable cost of temporary and full-time employees engaged in manufacturing activities who are directly involved in product manufacturing and packaging and in quality assurance/quality control. "Overhead" allocated to a Product means indirect costs associated with the production, testing, packaging, storage and handling of product, including a reasonable allocation of facilities' costs allocable to product manufacturing and packaging, including electricity, water, sewer, waste disposal, property taxes and depreciation of building and machinery. The allocation and calculation of Rugby's or its Affiliates' Manufacturing Costs shall be made in accordance with standard cost and reasonable cost accounting methods in accordance with GAAP, applied in a manner consistent with Rugby's customary practices. Notwithstanding the foregoing, Manufacturing Costs shall not include costs relating to distribution expenses.
Direct Labor Costs means the wages and payroll taxes
Direct Labor Costs means costs for Design Build Entity’s and/or Subcontractor(s)’ labor that includes the necessary payroll cost for labor, including first level supervision, directly engaged in performance of the changes in the categories listed in Proposed Change Order.
Direct Labor Costs means, the direct hourly labor costs per unit of Product Code, as calculated in accordance with the structure and methodology in the Xxxx of Materials based upon the non-overtime wage rates per position as set forth in Schedule 1.2 (such non-overtime wage rates plus Employee Benefits not to exceed the CPI Allowance).
Direct Labor Costs means *****. (The information below marked by ***** has been omitted by a request for confidential treatment. The omitted portion has been separately filed with the Commission.)
Direct Labor Costs means all labor costs of the Operator, including but not limited to salaries, wages, overtime pay, shift differentials, fringe benefits, profit sharing and pension, holiday pay, vacation pay, bonuses, termination payments, travel and other similar costs of the Operator personnel primarily engaged in activities at the Site pursuant to this Agreement. Direct Labor Costs shall not include (i) labor costs related to Operator personnel who are not primarily located at the Site or (ii) labor costs related to activities unrelated to the Operator's performance of this Agreement which are undertaken by Operator personnel who are primarily engaged in activities at the Site. Direct Labor Costs shall include, but not be duplicative of, AES Direct Labor Costs.