LOADED LABOR RATE Definition

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LOADED LABOR RATE is the employee hourly rate plus employee benefits, capital expenses, and other overhead.

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ECONOMIES OF SCALE is based upon the theory that the more you produce of a good, the less that it costs for each additional unit, i.e., efficiency. Specifically, it is the reduction of the costs of production of goods due to increasing the size of the producing entity and the share of the total market for the good/product.

INTERIM EARNINGS see INTERIM STATEMENT.

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