"The prices of raw materials do not fluctuate directly with the labour cost of producing them"

This quote by Charles E. Wilson is describing the fact that the expense of raw materials does not necessarily increase or reduce in direct correlation with the labour cost of producing them. This implies that the cost of basic materials can be impacted by other aspects such as the schedule of the materials, the expense of transportation, and the need for the materials. The cost of labour, on the other hand, is largely figured out by the salaries of the employees and the cost of advantages. For that reason, the expense of basic materials and the cost of labour are not always connected in a direct manner. This quote is important to consider when making choices about the cost of production and the cost of products. It is essential to comprehend that the expense of raw materials can be affected by other factors and that the cost of labour does not always directly impact the cost of raw materials.