Direct Labor Rate in Production Cost Formulas

Direct Labor Rate is calculated by dividing that dollar amount by the total hours of the labor. And is denoted by R_o.

Production Cost formulas that make use of Direct Labor Rate

fxFactor to allow for Machining overheads given Total rate for Machining and OperatorGo

fxFactor to allow for Operator overheads given Total rate for Machining and OperatorGo

fxNumber of shifts given Total rate for Machining and OperatorGo

What is the Direct Labor Rate?

Direct Labor Rate is calculated by dividing that dollar amount by the total hours of the labor.

Can the Direct Labor Rate be negative?

{YesorNo}, the Direct Labor Rate, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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