how much does ceramics dentures cost
If selling costs varies with production level then selling costs are variable costs but if they remain fix then these are fixed costs.
Actual Costs are costs which have occurred and can be reliably measured. Budgeted Costs are costs which have been estimated, possibly by using Forecasted Costs.
Generally variable costs are relevant costs but if due to any decision fixed costs are also going to affected then fixed costs are also relevant costs.
(a) By time when computed historic costs standard costs (b) By financial costing Revenue costs capital costs (c) By responsibility controllable costs uncontrollable costs (d) By identification with stock product costs period costs (e) By tracing costs to end products direct costs indirect costs
Variable operating costs + fixed operating costs = total operating costs.
Not sure about the "A" but OM costs are Operational and Maintenance costs (OPEX costs).
Production costs are costs to produce
costs
Yes normally fixed costs are period costs because these costs have to be paid no matter production done or not.
It is done so to keep control on costs as direct costs are controllable while indirect costs are not.
If marginal costs are relevant for specific situation or specific decision making scenario then marginal costs are relevant costs otherwise marginal costs can be irrelevant.
direct costs,indirect costs,sunk costs, Activity based costing.