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Is direct labor cost part of a conversion or prime cost?
Both are correct. Coversion cost = Direct Labour + Manufacturing Overhead Prime cost = Direct Labour + Direct Material SOURCE: http://highered.mcgraw-hill.com/sites/0070980829/student_view0/glossary.html
Some examples of direct material cost and direct labor cost?
examples of dierect material,indirect,labour,and expenses cost
What is the sum of direct labor and direct materials called?
prime cost = direct labour cost + direct material cost + direct expenses
How do you calculate variable cost?
Variable cost = Total Cost/ fixed cost
Calculate cost of goods sold?
To calculate the cost of goods you have to substract the gross profit from total sales.
What is labour costing?
this is the study of labour which entails analysis and calculation of labour remuneration, recording of labour hours, introduction of incentives, recording of labour related cost and allocation of labour cost to products.
How much does track lighting cost?
Typically, track lighting costs about $100.00 per light. You can calculate the general cost of installing track lighting in your are at www.homewyse.com. You can also compare the "do it yourself" cost versus professional installation at www.diyornot.com.
Factors affecting the cost of production?
labour
How much does it cost to change the rear brake pads and rotors in a 2007 Lexus ES350?
It is about one hour of labour. So depends on your labour cost.
How do you calculate cost of dedt?
Calculate cost of debt for what??????
What is the cost of installing a CD changer in a BMW?
The cost of installing a CD changer in a BMW will be the cost of hourly labor multiplied by the number of hours as defined by the installer which typically turns out to $200. One may save money by installing the changer themselves.
What is direct labor variance?
It means the difference between the budgeted or estimated direct labour cost at the start of work activity with the actual direct labour cost at the end of activity or fiscal year. If budgeted cost is more then the actuall then it is favourable variance otherwise it is unfavourable direct labour cost variance
How do you calculate total variable costs economics?
if you are given the labour from 0,1,2,3,4,5,6 and total product from 0,20,45,65,80,90,95 and total fixed cost N$ 300 and more and more unit labour cost at N$ 100 given all this caculate the total varible cost and the total cost
What would be the cost of installing two security cameras?
the cost is around £259
What is the cost of installing an inground pool in Martha's vineyard?
The cost of installing an in-ground pool in Martha's Vineyard is around $50,000. The actual cost varies based on the size and type of pool installed.
Is installing the facebook photo uploader free?
Yes, installing the facebook photo uploader does not cost a thing!
Does supply equal marginal cost?
Not that I know of. Average cost does - in the form of a labour market
