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If indirect labor change with the change of units of product then indirect labor is a variable cost.
If change in the quantity of units has no impact on indirect labor cost then it is a fixed cost.
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Is indirect labor a variable or mixed cost?
It is a variable cost!!
Are indirect materials variable or fixed cost?
Indirect
Is indirect labor is a part of what cost?
Indirect labor is part of overhead costs and included in total product cost.
Is indirect labor cost a period cost?
Indirect labor is considered a period cost because it can't be traced by to the product. If a cost can be traced back to a product, then it is considered a product cost.
Are variable cost are always indirect cost?
No. Variable cost is the same as direct cost because it can be varied directly to the cost centre or cost unit,while indirect cost can't be varied directly to it cost centre or cost unit.
Is indirect labor a variable or mixed cost?
It is a variable cost!!
Are indirect materials variable or fixed cost?
Indirect
Is indirect labor is a part of what cost?
Indirect labor is part of overhead costs and included in total product cost.
Direct labor a variable cost or semi-variable cost?
Direct labor is variable cost as it varies with the change in level of production of units.
Prime cost and conversion cost?
Prime cost = direct materials + direct laborwhile conversion cost = direct labor + factory overhead( which includes indirect materials, indirect labor and other indirect costs
Is indirect labor cost a period cost?
Indirect labor is considered a period cost because it can't be traced by to the product. If a cost can be traced back to a product, then it is considered a product cost.
Are variable cost are always indirect cost?
No. Variable cost is the same as direct cost because it can be varied directly to the cost centre or cost unit,while indirect cost can't be varied directly to it cost centre or cost unit.
Is indirect materials factory a fixed or variable cost?
no
What is the difference between variable overhead cost variance and fixed overhead variance?
direct or indirect cost which increases or decreases with production are variable overheads such as, indirect material, indirect labor, utilities, maintenancd expansis etc. expansis which does not fluctuate with increase or decrease of production called fixed overheads such as rent, salaries, insurance, professional membership like ISO etc.
Is direct labor a variable cost or product cost?
Direct labor is variable cost as well as product cost but for variable cost it must vary with the change in production level otherwise it will be fixed cost.
Is fire a selling cost manufacturing cost direct manufacturing cost indirect administraitve cost fixed cost or variable cost?
Is fire a selling cost, direct manufacturing cost, indirect manufacturing cost, administrative cost, foxed cost or variable cost.
Variable manufacturing overhead cost per direct labor hour?
Variable manufacturing overhead cost per direct labor hour means the variable overhead cost spent for one single labor hour and formula is as follows:Variable overhead cost per labor hour = total variable overhead cost / Total direct labor hours
