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ClergyCompensationGuidelines 2019 VersionMaineConference UnitedChurchofChrist 337 State Street,Suite3Augusta,Maine043306122 (207)6223100 In State: (800) 2440937 1TABLEOFCONTENTS INTRODUCTION.........................................................................................................................................................3 FAITHFOUNDATIONS.........
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Labor consumer price refers to the cost associated with the labor that goes into producing goods or services.
Businesses that utilize labor in their production processes are required to file labor consumer price.
Labor consumer price can be filled out by calculating the total cost of labor for production.
The purpose of labor consumer price is to track the cost of labor in production processes and monitor any changes that may impact business operations.
Information such as wages, benefits, training costs, and other labor-related expenses must be reported on labor consumer price.
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