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The cost of a customized machine used in the production of a single product would be classified as a direct cost?
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∙ 11y ago
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Wiki User
∙ 11y ago
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Is depreciation of factory buildings classified as a period cost or product cost?
If factory building is used in production of units of product then it will be added to product cost as it is part of product to manufacture.
Is factory heating costs classified as a product cost or period cost?
Factory heating cost is overhead cost and part of product cost as if there is no production there is no factory heating requires.
What does chain of production mean?
The chain of production is the different stages involved in the production of a particular product :)
Is depreciation on a machine a period cost or product cost?
product cost
What would be classified batch level activity?
Batch level activity defines the costs that are incurred when a new product batch begins production in a company. Financial managers, who understand the costs of running batches, may choose to manipulate the costs by running longer batches to cut costs. Understanding the costs of batch production also assures more accurate end product pricing.
Is depreciation of factory buildings classified as a period cost or product cost?
If factory building is used in production of units of product then it will be added to product cost as it is part of product to manufacture.
Is factory heating costs classified as a product cost or period cost?
Factory heating cost is overhead cost and part of product cost as if there is no production there is no factory heating requires.
What is production overhead?
Production overhead is any cost incurred in order to create a product. This usually includes: rent, utilities, equipment, maintenance and labor. Sometimes raw materials and scrap are also classified as overhead.
How does mass production work?
mass production is set up to were only one part is made in a certain department and the same for the rest of the parts then the product is put on an assembly line where 1 person or machine assembles the same part of the product over and over again. until the product reaches the end of the line where the product is complete.
How does craft production differ from mas production?
craft production was made for famlies or for personal needs mas production was for many people. Craft production is the creation of a product individually rather than by machinery. While the product might be cheaper when machine made, the variations of the craftsman makes a one of a kind product that is unique. The value of the hand crafted product is frequently more desirable because of it's attention to detail. Such is the case of antiques, they are highly prized because of the attention and unique details inherent in the design.
What is meant by feeder mechanism?
Generally a feeder mechanism is a subordinate part of a larger production process. It provides and supplies materials to a production process, machine or person for further manufacturing and modification of a product to be carried out.
How does Sales and Production work together?
to make a profit for a business. as production makes the product and sales ( the answer is in the name) · Production first makes the product · Production then gives the product over to distribution · Distribution then sends the product over to sales · Sales then proceed to sell the product
With colorware do you get the product with it?
It depends, you can choose to buy the product customized as you have chosen, or you can choose to send them your own (US ONLY) and they will customize it for you.
Contrast product and production concept?
There are a few different contrasts between product and production concept. Production concept is the general idea of how something will be done and product is what is actually produced.
Is graphing calculator a customized product?
No you buy them from stores like that. Like the TI-84
What is a product in production?
A product is the end result of production. Production is making something or putting something together. Like 7+4=11. :)
A sentence with the words product and production in the same sentence?
Production of our new product will begin next week.
