Machine Hours
. Primary and Secondary data . Discrete and Continuous Data . Sample and Population Data
Accounting is a system of maintaining records of a companies operations and communicating that information to decision makers.
Operating income is that income which is earned through primary business activity while non operating income is that part of income which is not generated through primary operations of business like interest income, dividend income etc.
Account Receivables are the right to claim against the sale of goods made by any business. It is merely concern with the sale of primary business product. Account Payables are the obligation to pay for the goods purchase with the intention to resale or to use in manufacturing of goods to sell.
what is the primary purpose of accounting
Primary distribution overhead cost is also called Departmentalization of overheads. It involves apportionment and allocation of overhead costs in the service and production departments.
What is the primary objective of normal security operations
There are for primary operations of the . The basic operations are input, processing, storage and output. There are other functions as well but most of them will fall under these categories.
NAICS 335912 applies to Dry and Wet Primary Battery Manufacturing.
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Primary Manufacturing is taking raw materials (from Primary Industry) and using them to make industrial materials. Then, these would go under another process called Secondary Manufacturing that uses these products and turn them into finished goods.Ex: trees > wood > lumber > chair
Secondary manufacturing refers to further processing of products that have already undergone some manufacturing. E.g. processing wood past its primary stage (e.g., lumber). Primary manufacturing is thus manufacturing of raw materials or materials in their near-natural state (e.g., iron ore, wood logs, ...)
Advances in computerized systems, technological innovation, global competition, and automation have changed the manufacturing environment. The amount of direct labor used in many industries has greatly decreased, and total overhead costs resulting from depreciation on expensive equipment and machinery, utilities, repairs, and maintenance have significantly increased. When there is not a correlation between direct labor and overhead, it is inappropriate to use predetermined overhead rates based on direct labor.
Some types of secondary industries include manufacturing and construction.
The 3 main types of industrial production are: a continuous flow where thousands of the product are made 24/7, mass production where hundreds are made (usually on a production line) but not 24/7, and a batch where only about 5- 150 of the product is created.
Primary locator, secondary locator, variable: - number.
Jp 3-16