0
Something that costs 94722.68 is 94722.68 1 dollar notes and 68 1 cents.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Are selling costs variable costs?
If selling costs varies with production level then selling costs are variable costs but if they remain fix then these are fixed costs.
What is the difference between actual costs and budgeted 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.
Variable costs are relevant and fixed costs are irrelevant?
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.
What is the type of cost classification?
(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
Are variable costs included in operating costs?
Variable operating costs + fixed operating costs = total operating costs.
What are OM and A costs?
Not sure about the "A" but OM costs are Operational and Maintenance costs (OPEX costs).
What are production costs?
Production costs are costs to produce
What are costs?
costs
Is fixed costs is a period costs?
Yes normally fixed costs are period costs because these costs have to be paid no matter production done or not.
Why distinguish direct costs from indirect costs?
It is done so to keep control on costs as direct costs are controllable while indirect costs are not.
Are marginal costs relevant costs?
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.
What are the stages of accounting for costs?
direct costs,indirect costs,sunk costs, Activity based costing.
