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Potato, oil, spices, fuel to heat the oil. labor and equipment to slice, fry, sort and package the chips. The cost of the building, electricity, and personelle to operate it, and the cost of packaging materials.
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What are the objective of a management control system?
profit centre is responsible for a) cost incurred b) total investment c) revenues earned and cost incurred
What is cost to manufacture Uggs?
How much does it cost to manufacture uggs boots in the u.s.a
How calculate total period cost?
A total period cost is anything that is not prepaid. To calculate period cost, just include anything that is charged in the period incurred.
What is the difference between sunk cost and fixed costs?
A fixed cost is a cost that will not change in total regardless of output. For example, no matter how much output you produce, rent expense is generally going to remain unchanged. A sunk cost is a cost that has already been incurred, and thus shouldn't factor into management decisions. For example, if you were making a decision about whether to manufacture a material rather than buy it from an outside provider, you would only care about which costs would change as a result of the decision. Any costs that would be the same regardless of whether you make or buy would be considered sunk costs.
What type of cost is incurred regardless of how much of a good or service is produced?
This type of cost is known as a Fixed Cost: a cost that remains constant, regardless of any change in a company's activity.
If one bag of potato chips cost 0.70 how much would 3 cost?
If one bag of potato chips costs 0.70, then three bags of potato chips will cost 2.1.
Michaels wipes his debit card for $17.25 on the purchase of four identical bags of potato chips how many does a bag of potato chips cost?
I don’t know
What does labor costs mean?
Labor cost means the direct labor cost incurred by business to manufacture units of products to be sold.
How much did a bag of a potato chips cost?
89 cents for a 24oz bag
What is manufacturing overhead?
cost incurred for manufacturing of good and services. It is also called Factory overheads. Example Factory rent,Factory workers salary,other cost which is incurred in factory to manufacture a Product
How much do Jack n Jill's Potato chips cost in Singapore Dollars?
50c ents
Where does cost of sales go on the income statements?
Cost of sales is direct cost incurred to manufacture the goods and that's why provided in trading section of trading profit and loss account.
How much did a large bag of Lay's Potato chips cost in 1980?
1.08
What is direct Cost per unit?
Direct cost per unit is that cost of unit incurred to manufacture one unit of product.Formula for direct cost per unit = total direct cost / total number of units.
Define contribution margin?
Contribution margin is that amount from sales revenue which a single sold unit contribute to recover the fixed cost incurred to manufacture that unit after recovering the variable cost.
How much did potato chips cost in the 1960s?
Around Five cents.
What is the activity that is thought to cause a cost to be incurred?
The activity that is thought to cause a cost to be incurred is called an
