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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (438792)12/6/2008 5:54:36 PM
From: i-node1 Recommendation  Read Replies (1) of 1574378
 
Don't tell me to read inode's posts. Do you really think I would depend on him for my info.? Legacy costs are the pensions and health costs paid to retired employees. They are an overhead cost, not a labor cost. Labor costs are those costs that are attributable to current labor.

Pension and healthcare costs are not "overhead". They are direct labor costs. Genius.
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