Primary navigation:

QFINANCE Quick Links
QFINANCE Topics
QFINANCE Reference
Add the QFINANCE search widget to your website

Home > QFINANCE Dictionary > Definition of direct labor cost percentage rate

Definition of

direct labor cost percentage rate

Finance

product overhead attributed to labor costs an overhead absorption rate, based on labor costs, which can readily be allocated to individual units of production

direct labor cost percentage rate - Related Articles
  • Annual Percentage Rate

    Calculations

    Different investments typically offer different compounding periods, usually quarterly or monthly. The annual percentage rate, or APR, allows them to be compared over a common period of time, namely one year.

  • Corporate Taxation and Its Impact on Foreign Direct Investment

    Viewpoints

    PricewaterhouseCoopers (PwC) publish annual data on corporate tax rate, labor tax rate and other tax rates in order to estimate a total tax rate (TTR). PwC place the UK 59th in the world based on its TTR ranking. The complexity of the analysis is well illustrated by France. France’s TTR ranks 160th
    By Graeme Leach

  • Future Directions: The Global Economy After the Crash

    Viewpoints

    The sharp rise in commodity prices (due to zero-cost money seeking out “hard” assets) in relative price terms, i.e. against the price of goods and services broadly, implies a reversal of the forces that appear in the downleg. In both legs the cost of inputs drives the movement of prices through the pipeline, but in the downleg the direction is toward deflation, and in the upleg it is toward inflation or possibly stagflation.
    By Arun Motianey

  • Profitability Analysis Using Activity-Based Costing

    Best Practice

    The direct labor base was a large proportion of costs, and overhead support costs were a relatively small proportion of total costs. As shown in Figure 1, direct labor costs have declined as a percentage of total costs, while overhead costs have grown.
    By Priscilla Wisner

More

Definitions of ’direct labor cost percentage rate’ and meaning of ’direct labor cost percentage rate’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’direct labor cost percentage rate’ and other financial terms with our online QFINANCE Financial Dictionary.

Back to top

Related Blog Posts

More related Blog results