Direct Labor Costs Calculator Tool

Direct Labor Costs Calculator

Direct Labor Costs Calculator

Direct Labor Costs Calculator

Component Description
Hourly Wage The wage paid to employees on an hourly basis.
Total Hours Worked The total number of hours worked by employees.
Direct Labor Costs The total cost of labor directly involved in the production process.
Formula Direct Labor Costs = Hourly Wage × Total Hours Worked
Purpose Used to calculate the total labor costs associated with production, aiding in cost control and budgeting.

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