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How to determine unit product cost for one pound of coffee at using 4.20 direct materials .30 direct labor?
Wiki User
∙ 15y ago
add the direct material +( direct labor* time)* nO of worker
Wiki User
∙ 15y ago
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What is direct material cost?
This is the cost of materials which become part of the finished product.
What is difference between direct purchase and indirect purchase?
The difference between direct purchase and indirect purchase is in what is purchased. Relating to raw materials, direct purchase is materials that go directly on a product and indirect is materials used to produce the product. Direct purchase can refer to purchasing products directly from manufacturers and indirect is purchasing through a middle person.
What is direct labor and direct materials?
Direct Material: Basic material ingredient to manufacture unit of product is called direct material Direct Labor: The basic labor force which is required to make any unit of product and without which it is not possible to make unit of product is called direct labor
What are direct materials give examples?
as far as i know leather to make gloves is one of the example of direct materials because even though the product is finished you can still see the leather.
List of direct expenses?
Some direct expenses include direct labor and materials. Companies try to reduce the cost of direct expenses because they impact the cost of the product.
Are direct materials fixed costs?
Direct material is variable cost because to produce any unit of product direct material required which changes with change in production level.
Assuming that direct labor is a variable cost product costs under variable costing include only?
B. Direct materials, direct labor, and variable manufacturing overhead.
What term is used to refer to the cost of changing direct materials into a finished manufactured product?
conversion costs
What are direct costs?
Direct Costs: These are those costs which are necessary for the production of the goods and without which it is not possible to make the product. Like Direct Materials, Direct Labor. Example: In the process of making shoe leather is called the direct material which is necessary to make shoe and the cost of this leather is direct cost to the product of shoe.
What source document is used to determine the actual amount of direct materials to record on a job cost sheet a. bill of materials b. production order c.materials purchase order d. materials requisit?
Materials requisition form
Are the products that are sold at Direct Deals online made well?
"Yes, the products sold at Direct Deals online are made well. You can check the reviews for the product you are looking for and determine from those reviews if this is a product you are interested in buying."
Why a favorable direct materials price variance might be of concern?
A favorable direct materials price variance may be the result of the purchase of cheaper materials that may be of inferior quality, thereby causing an inferior product. An inferior quality can also cause more spoilage and waste.
