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Recording the cost of equipment as an expense over the time it is expected yo produce revenue is called?
Wiki User
∙ 7y ago
depreciation
Wiki User
∙ 7y ago
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What is 'fixed annual cost'?
That is an expense that is not changed by the amount of production. For instance, your rent will be the same whether you produce a million widgets or only 1000.
Favorable materials quanity variance?
In cost accounting, a variance is the difference between what we expected to happen (what we planned for when we created the budget) and what actually happened. If we produce more units from a given quantity of raw material than we expected to produce when we set up the budget, we have a favorable materials quantity variance, because we produced the goods more efficiently than we had planned for. We have used the raw materials with less waste than expected.
Is depreciation on equipment fixed or variable?
Depreciation is a fixed cost because variable cost is that cost which change with the change in the production units but it doesn't put any effect on depreciation as depreciation of the equipment will remain same no matter you produce maximum number of units or produce no unit in fiscal year.
Why is it important to separate capital budgets from expense budgets?
When you budget for capital expenditures, you plan to buy assets. Assets include equipment and property that you expect to last more than one year. The budget for these purchases must come from cash on hand to qualify as capital budget expenditures. You must have a capital budget so you can continue to grow your business by purchasing assets that will produce income. Expenses Budgeting Your operational budget covers day-to-day expenses. This can include wages, rent, utilities and purchases of items that are intended to last less than a year. If you borrow money for capital expenditures, the expense comes out of your operational budget because you will have to service that loan with monthly payments. The operational budget tells you how much cash you need to take in each month to cover your bills.
Definition of capital equipment?
Capital Assets or Capita equipments reffer to those equipments or assets which can further generate income i.e. Plant, Machinery etc because they can produce product and by selling product we can generate income.
Did Werley Nortreus know how to produce and record audio in a studio recording?
Yes, before he went to a real studio recording, he used to produce his own songs at his house, at his mini-studio recording, even if he goes to a real studio recording now, he still know how to record audio, he has the talents to produce music .
What is a drawback to the use of oil shale produce energy?
Expense
What is a drawback to use of oil shale to produce energy?
Expense
Why do i have to pay child support if i don't have any rights?
You have to pay child support because you engaged in behavior which can be expected to produce a child - do you expect the taxpayers to pick up this expense? If the courts have not denied visitation rights to you, feel free to petition for them.
What kind of products does SeeSnake produce?
The company SeeSnake mainly produces tools used for sewage and construction work. SeeSnake also offers specialized monitoring and recording equipment to conduct this type of work more efficiently.
What is produce?
Adrenaline is produced by the adrenal glands.
What equipment do you need to start a bakery?
Equipment that can produce Yeast which is needed for Bread
What were women of Nazi Germany expected to do?
produce children...............
Can a man produce sperm?
No, the physical equipment is not present.
Did Chet Atkins play on Wings Sally G recording or produce it or both?
played
Organisms without mitochondria are expected to produce how much fewer molecules?
They are anaerobic respirers. They produce only two
What kind of equipment do Case IH produce?
Case IH produces agricultural equipment. They produce productivity enhancing products that will help the user harvest their crops as well as grow them.
