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In order to reduce their labor cost what might a company do?
outsource some jobs to another country
How do you get Direct Labor for a service company?
Direct labor for service company is the salary or wage cost of the person who is performing the services like in software industry the salary of software engineer is direct labor cost as well as the technical lead etc.
How does mass production reduce cost on goods?
mass production mainly reduces the costs of labor..
Distribution of expenses for sales of 240000 ace manufacturing company Labor is 40 percent How many dollars were spent on labor?
If it is assumed that labor rate based on sales value then labor cost: labor cost = 240000 *0.4 = 96000
When determining the value of a fixed Asset and a rebate was given do you reduce the value of the the fixed asset or book at a true cost?
If the company are using cost basis to value their assets then the rebate will reduce the cost.
In order to reduce their labor cost what might a company do?
outsource some jobs to another country
How you can reduce cost of manufacture?
Reduce the cost of materials, labor or overhead, or improve productivity.
How can company increase revenue?
Reduce cost production
Total labor cost?
The amount of money that a company pays to their direct labor employees over a certain period is considered to be total labor cost. Total labor cost is often determined for the purposes of budgeting and planning.
What measures can a company take to reduce its break even point?
A company can reduce expenses, such as layoffs, or reducing the cost of necessary materials.
How do you get Direct Labor for a service company?
Direct labor for service company is the salary or wage cost of the person who is performing the services like in software industry the salary of software engineer is direct labor cost as well as the technical lead etc.
How does mass production reduce cost on goods?
mass production mainly reduces the costs of labor..
Distribution of expenses for sales of 240000 ace manufacturing company Labor is 40 percent How many dollars were spent on labor?
If it is assumed that labor rate based on sales value then labor cost: labor cost = 240000 *0.4 = 96000
What does it cost to get hedges trimmed?
The cost to get hedges trimmed will depend on the company used and the cost of labor. On average, it will be about $20 dollars an hour.
When determining the value of a fixed Asset and a rebate was given do you reduce the value of the the fixed asset or book at a true cost?
If the company are using cost basis to value their assets then the rebate will reduce the cost.
What is the reason that Mechanization of indian agriculture on considerable scale is not possible?
reduction of labor and time and economic cost reduce
Why do workers in developing nations coontinue to work in sweatshops?
They want to reduce the cost of manufacturing by using inexpensive labor
