The heater rating times the hours times the cost per kilowat hour.
Yes , but using a timer that turns the block heater on for 3 or 4 hours before you are going to use the vehicle saves on the electricity costs
There are websites that offer tips on how to calculate the transportation cost. However, it depends on which form of transportation you will be using.
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Using direct labor hours: Overhead rate = Total Overhead Expenses /Direct labor hours Using Machine hours: Overhead rate = Total Overhead Expenses /Machine hours
The heater should have a wattage rating (very few list amps). Calculate the amps using the wattage and voltage. Amps = Watts/Volts(480).
It is a water heater, not a hot water heater. There would be little point in using a hot water heater. I assume that is your point.
Actual costing uses the the actual costs incurred to calculate cost per unit. All you need is the actual costs and the number of units produced/manufactured, divide the two and you will have your actual cost per unit. The same process for overhead allocation as well. The actual overhead costs are allocated on a rate that is based on actual costs. Actual costing is a delayed analysis.
There are no costs.
It costs money
You can calculate daily and monthly salary. And you can count your costs such as travel costs. And the rights to remain pure to your account. This is your actual salary. www.bankrate.com/calculators/tax.../quick-tax-rate-calculator.aspx
How do firms incorporate opportunity cost to calculate economic cost? discuss and give example using an explicit economic cost and an implicit economic cost.
First of all total cost of product is identified and after that using high and low method variable and fixed costs are segregated