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.

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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 is defined as the actual salaries and salaries cost burden of all employees of the CONSULTANT used for the time directly chargeable to work to be performed hereunder including time involved in travel.

• Direct labor cost percentage for change orders shall be established by the nature of the work and shall be agreed to by the Contractor and the Owner prior to the commencement of the additional work.

• 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.

• 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.

• The TOWN shall pay to the CONSULTANT for providing and performing the professional engineering and architectural services set forth in each approved work order as follows: The basis of compensation shall be Direct labor cost times a Multiplier of 3.0 .

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

Direct labor cost means the personnel costs incurred and attrib- utable to providing motor fuel sales at a retail outlet and includes, without limitation, the personnel costs relating to the purchase, stor- age, inventory, and sale of motor fuel, the maintenance of equipment, and environmental reporting and compliance, but does not include the costs of environmental cleanup or remediation. In no case shall the direct labor cost be less than the cost of one employee's salary and benefits, based upon that employee's working those hours in which the retail outlet is providing motor fuel available to the public.

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 product of Direct Labor Hours and Labor Rate, where: 4.2.2.1 DIRECT LABOR HOURS means the hours actually expended by Customer in performing the Covered Maintenance during a Reporting Period, as reported by Customer and adjusted by Boeing pursuant to the provisions of this Letter Agreement exclusive of time consumed by employees while waiting for work, traveling to or from work, training, vacation, sick leave, or in any other similar absences from the actual maintenance work; and

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.