Direct materials cost is a main component of a product's total cost along with direct labor cost and manufacturing overhead. While no business' costs can remain constant because of changes in both ...

Controlling your manufacturing expenses starts with identifying your factory overhead costs. These are all the expenses other than the direct materials and direct labor used to produce your ...

Public Works Secretary Vince Dizon has formally signed an order seeking to lower the prices of various construction materials used in government projects, which he said ...