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 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.

Examples of Direct Labor Costs in a sentence

• 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.

• Compensation for Contractor’s and/or Subcontractor(s)’ labor shall include only the necessary payroll cost for labor, including first level supervision, directly engaged in performance of the work of the Change Order ("Direct Labor Costs").

• Direct Labor Costs shall be the total number of allowable hours worked on the project by each individual multiplied by the Labor Rate identified in the Cost Summary (Exhibit B) for such individual.

• The aggregate xxxx-up(s) of all subcontract tiers shall not exceed fifteen (15%) of all Subcontractors’ Direct Labor Costs and Subcontractors’ Direct Materials & Equipment Costs.

• This xxxx-up, which shall include all overhead and profit, shall not exceed ten percent (10%) of Contractor’s Direct Labor Costs and its direct Materials and Equipment and direct Construction Equipment costs (collectively “Direct Materials & Equipment Costs”).

More Definitions of Direct Labor Costs

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 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 wages and payroll taxes

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 costs, including fringe benefits, that are associated with em- ployees who are directly involved in the pro- duction of a good;

Direct Labor Costs is defined in Section 9.1.4.

Direct Labor Costs means the actual costs associated with the Direct Labor Hours that are spent on a Production Run. If a Production Line is unscheduled, or down for scheduled or major maintenance, then such hours are not associated with any particular production order and, hence, not included in the calculation of Labor Costs for a particular Production Run. As of the First Amendment Date but subject to change from time to time, the Direct Labor Costs consist of the following cost elements identified in Formulator’s cost center report: “Direct Labor,” “Overtime Direct,” “D/L Contracted Labor,” and “Contracted D/L - Overtime.”