Direct labor cost definition

Direct labor cost means time spent by a plan reviewer in: the actual review of a facility plan; data input for licens- ing time-frames tracking; developing the facility file; time at the facility or proposed site; time at a public hearing; and time at meetings with the applicant or the applicant’s representatives.

Direct labor cost means the labor cost directly related with the production of the stock- in-trade.

Direct labor cost is that cost associated with any personnel who is not in a paid absence status such as vacation, sick, or holiday leave AND which is properly recorded and charged to the contract as Direct Labor Cost in accordance with both written company policy AND the contractor's DCAA approved accounting system.

Examples of Direct labor cost in a sentence

• Direct labor cost shall be no higher than those regularly paid the employee.

• Direct labor cost is the actual payroll cost including wages, fringe benefits as established by negotiated labor agreements or state prevailing wages, workers' compensation and labor insurance, and labor taxes as established by law.

• Direct labor cost for workers, including foremen, who are directly assigned to the force account Work.

• Direct labor cost estimates can usually be grouped according to one of two methods used in developing the cost estimates.

• Direct labor cost for workers, who are directly assigned to the force account work, including wages, fringe benefits, if any (as established by negotiated labor agreements or State prevailing wages), and a labor surcharge of thirty percent (30%) for all other fixed labor burdens such as workers’ compensation and labor insurance, and labor taxes.

More Definitions of Direct labor cost

Direct labor cost means the Standard Cost of direct labor utilized in the production of Product, including the cost of fringe benefits, allocated to Product in a manner consistent with current practices in effect for allocation of such labor cost to all products manufactured by Seller.

Direct labor cost means salaries paid to workers who are directly involved in the production of goods or services. Direct labor costs are assignable to a specific product, cost center, or work center.

Direct labor cost used as a basis for payment means salaries and wages (basic and incentive) paid to all ENGINEER's personnel engaged directly on the Project, including, but not limited to, engineers, architects, surveyors, designers, draftsmen, specification writers, estimators, other technical and business personnel; but does not include indirect payroll, related costs or fringe benefits.

Direct labor cost means payroll cost for employees directly employed in provision of the service.

Direct labor cost. Represent those actual costs, exclusive of overhead and profit, reasonably and necessarily incurred and paid by the Contractor in the construction performance phase services of this Contract, from the date of the Notice to Proceed until the completion of the Project, for payroll payments made to its employees working on the Project site, as described and defined in the Contract Documents.

Direct labor cost means the personnel costs incurred to sell motor fuel at a retail

Direct labor cost means the personnel costs incurred at a retail outlet attributable to providing motor fuel sales at a retail outlet and includes, without limitation, the personnel costs relating to the purchase, storage, inventory, and sale of motor fuel, the main- tenance of equipment, and environmental reporting and compliance, but does not include the costs of environ- mental cleanup or remediation. In no case shall the direct labor cost be less than the cost of one employee’s