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Are indirect labor and materials part of Factory Overhead?
Would overhead include indirect materials and indirect labor?
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
Is manufacturing overhead same as manufacturing cost?
No. Cost would include the cost of materials. Overhead would not.
Factory overhead should be allocated on the basis of?
factory overhead should be allocated on basis of their apportiomen
What is Applied manufacturing overhead?
what is factory overhead applied?
What is factory Overhead applied?
what isfactory overhead applied
Is rent a manufacturing overhead cost?
Yes if you rent anything
Is salary of factory manager a period cost?
Salary of factory manager is Manufacturing overhead. and Manufacturing overhead is Product costs. So, It's not period cost.
Is rent considered a SGA expense?
SG&A expenses are sales, general, and administrative expenses. They are company overhead costs that include recurring expenses like rent, office supplies, and salaries.
Why factory overhead cost is applied on production?
Factory overheads are incurred only and only due to production of the goods. That is why the factory overhead cost is applied to production.
The difference between variable factory overhead incurred and total standard variable factory overhead based on the actual quantity of the cost driver for applying the overhead is the?
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Factory rent direct manufacturing costs?
Yes factory rent is direct manufacturing cost because without factory no production can be done so only factory rent is part of direct manufacturing cost and no other rent is included in it.
