Direct Labor Costs definition

Direct Labor Costs means all costs, including wages and benefits, associated with the hiring and employment of personnel assigned to a process in which payroll expenses are traced to the units of output and are included in the cost of goods sold.

Direct Labor Costs. ’ means costs, including fringe benefits, that are associated with employees who are directly involved in the production of a good;

Direct Labor Costs means the Non-Craft Direct Labor Costs and the Craft Direct Labor Costs, in each case, incurred by Contractor with respect to the performance of the Reimbursable Work, excluding in all cases any Non-Reimbursable Costs.

Examples of Direct Labor Costs in a sentence

• A charge for tools, supplies, overhead, supervision and profit will be allowed in the amount of 15% of the Total Direct Labor Costs, and Material Costs, as defined above.Any extra work performed hereunder shall be subject to all of the provisions of the contract and the Contractor’s sureties shall be bound with reference thereto as under the Contract.

• Compensation for the Services will be comprised of the following elements: 1.1 Direct Labor Costs; 1.2 Fixed Fee; and 1.3 Additional Direct Costs.

• Contractor will be paid on a Unit Rate basis as follows: Direct Labor Costs: $ Direct Expense Costs: $ Subcontractor(s) Costs: $ $ 4.1.2 Direct Costs.

• Contractor will be paid on a Cost Plus Fixed Fee (profit) basis as follows: Direct Labor Costs: $ Overhead Costs: $ Fixed Fee Costs: $ Direct Expense Costs: $ Subcontractor(s) Costs: $ $ 4.1.2 Overhead Rate.

• The Fixed Professional Fee is developed on the Direct Labor Costs.

More Definitions of Direct Labor Costs

Direct Labor Costs means the total number of hours worked on a Cost Plus Fixed Fee Work Order by each employee multiplied by the verified Direct Labor Rate for the employee's labor category.

Direct Labor Costs means the labor hours required for an operation for such a Product multiplied by the direct labor rate for work centers within the relevant manufacturing operating unit (including salaries, wages and benefits).

Direct Labor Costs means the reasonable cost of temporary and full-time employees engaged in manufacturing activities who are directly involved in product manufacturing and packaging and in quality assurance/quality control. "Overhead" allocated to a Product means indirect costs associated with the production, testing, packaging, storage and handling of product, including a reasonable allocation of facilities' costs allocable to product manufacturing and packaging, including electricity, water, sewer, waste disposal, property taxes and depreciation of building and machinery. The allocation and calculation of Rugby's or its Affiliates' Manufacturing Costs shall be made in accordance with standard cost and reasonable cost accounting methods in accordance with GAAP, applied in a manner consistent with Rugby's customary practices. Notwithstanding the foregoing, Manufacturing Costs shall not include costs relating to distribution expenses.

Direct Labor Costs means costs for Design Build Entity’s and/or Subcontractor(s)’ labor that includes the necessary payroll cost for labor, including first level supervision, directly engaged in performance of the changes in the categories listed in Proposed Change Order.

Direct Labor Costs means the actual direct cost (i.e., wages or salaries) of engineering, craft and immediate craft supervision as specifically applicable to the performance of the Project as recorded through WilTel's positive labor time reporting system, and will not include any WilTel mark-xx, margin or profit.

Direct Labor Costs means, the direct hourly labor costs per unit of Product Code, as calculated in accordance with the structure and methodology in the Xxxx of Materials based upon the non-overtime wage rates per position as set forth in Schedule 1.2 (such non-overtime wage rates plus Employee Benefits not to exceed the CPI Allowance).

Direct Labor Costs is defined in Section 9.1.4.