Labor Overhead definition
Examples of Labor Overhead in a sentence
MDOT will reimburse the Municipality for Direct Labor Overhead costs on all labor costs properly chargeable to MDOT, including but not limited to, vacation, sick leave, holiday pay, workers’ compensation, retirement, social security, group life insurance, hospitalization, longevity, unemployment insurance, and military leave, hereinafter referred to as “EMPLOYEE BENEFITS,” in accordance with Section 16.
Mfg Product Name Model No. Volume Time At Close Labor* Overhead* Support* Support* ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------ Labor & Total BOM+ Overhead Mat.
Any increase or decline in the BOM and/or Direct Labor and Labor Overhead Costs shall be *****, provided, however, that ***** may not ***** more than *****.
Direct Labor Overhead - Actual costs allocated to direct labor in --------------------- accordance with GAAP associated with production, customer support, operations management, facilities, manufacturing engineering, quality assurance & quality engineering (at * hour for Column A quantity pricing).
All incidental expenses shall be included in overhead pursuant to Payment/Compensation, subsection (b), Labor, Overhead, and Profit, above.
Licensee agrees that it will sell to Licensor for Licensor’s purposes the products listed in the attachments and manufactured in Licensed Territories, at Licensees’ MLO (Material, Labor, Overhead) Manufacturing Cost per unit plus 20% MLO cost.
Should the appropriate Government representative and the Contractor’s accounting audit establish a final G&A rate of final Labor Overhead rate that is lower, then the lower percentage shall take precedence.
EXHIBIT E Cost of Manufacture ------------------- 1997 Cost of Manufacture ========================================================================================= Material Labor Overhead* IGI Code Cost Per Cost Per Cost Per Total Unit Product Presentation Number Size Unit Unit Unit Cost ========================================================================================= Skin Facial Lotion NS 5010 2 oz.
Feb-00 Ending Raw Applied Total Item # Type Description Balance Material Labor Overhead ------ ---- ----------- ------- -------- ----- -------- ----- [***] [***] [***] [***] [***] [***] [***] [***] * Material has been omitted pursuant to a request for confidential treatment, and such material has been filed separately with the SEC.
Gritstone’s approved and not to exceed ceiling rates for the option periods of the contract are shown in the table below: Fringe Benefits [***] [***] Total salaries and wages Labor Overhead [***] [***] Total direct labor plus allocated fringe costs G&A [***] [***] Total direct costs excluding total subcontract costs Any change to these rates must be supported by an approved audit from an acceptable Government agency and incorporated into the contract by bilateral modification.