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What are establishment expenses?
These costs include the initial costs in establishing the business (e.g. rent, insurance and stock), capital costs (e.g. equipment, plant and machinery) and operating costs (the cost of operating the business until income is sufficient to cover the costs of the business).when you save the money your future will be bright...
Different types of costs of production?
production cost, selling cost and sundry cost
Why different sources of finance have different cost?
why different sources of financing have different costs
How prime cost is different from conversion cost and Manufacturing Costs?
Prime cost basically is the cost of direct labor and cost of direct material; whereas conversion costs is Overhead cost and direct labor cost.
Is A differential cost a variable cost?
No they are not the same things. Differential costs are ones that differ between different alternatives. Differential costs are used interchangeably with the terms avoidable, incremental, and relevant costs. However, variable costs are simply ones that vary with different activity levels. They do not necessarily differ between alternatives.
What are costs that a company has to pay whether or not its operating?
The Company has to pay its Fixed Costs, Such as Rent and utility. These cost have to be paid regardless of whether the company is operating or not
What is the non crash cost of driving?
The noncrash costs of driving include operating costs, fixed costs, and environmental costs. Operating costs include: gas, oil, and tires. The more you drive, the greater your operating costs. Fixed costs include: the purchas price of the vehicle, insurance, and licensing fees.
What are the operating costs of a gulfstream G350?
Total Variable Cost $2,276
What must a business include when calculating its operating cost?
Variable costs.
What are examples of fixed and variable cost in an airline company?
Some of the Variable costs are Fuel Cost, energy, and operating cost
What is operating cost in hotel?
The operating cost of a hotel will vary depending on size and location. The operating cost includes things such as employee salaries, advertising costs, housekeeping supplies, food, decorations, guests supplies, and furniture.
What is the difference between an operating cost and a fixed cost?
Fixed costs basically refer to those expenses each month that do not vary such as building rent, insurance premiums, business loans or other business costs that are constant. Operating costs would be those that DO vary such as the cost of inventory, wages, advertising, business supplies, etc.Example: Operating cost: things that maintain your motor vehicle and money you spend for gas, oil, and tires. Operating cost vary based on the number of miles you drive, the more you drive the more the cost ill be.Fixed cost: the purchase price of the vehicle, insurance and licensing fees. These cost occur no matter how much you drive, in fact the more you drive the less it costs. So because they come no matter what the costs do not vary.
What are establishment expenses?
These costs include the initial costs in establishing the business (e.g. rent, insurance and stock), capital costs (e.g. equipment, plant and machinery) and operating costs (the cost of operating the business until income is sufficient to cover the costs of the business).when you save the money your future will be bright...
Technology that is characterized by high initial cost and low operating costs is termed?
capital-intensive.
Is cost of goods sold an operating expense?
Cost of goods sold is opening stock plus purchases of inventories and other carriage costs less closing stock. Cost of sales therefore is not an operating expense...
What is Running cost?
Running costs in are associated with companies and businesses. The running costs are simply the amount of money needed to make the company "run". Running costs include staff payment, electricity costs and resources etc. Running costs are the cost for day-to-day running of the business
Different types of costs of production?
production cost, selling cost and sundry cost
