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Different types of costs of production?
production cost, selling cost and sundry cost
Is the production manager's salary is an example of variable cost?
Because the production manager's salary remains the same, regardless of the production level, this salary is a fixed cost, not a variable cost.
Is sales promotion cost a variable cost?
If it varies with the level of production then it is variable cost otherwise it is fixed cost.
What is periodic cost?
Periodic cost is that cost which donot related with production of units and it must be incurred no matter production is done or not like depreciation.
How do managers decide whether a cost is direct or indirect?
It is not matter of decision by management, direct cost is that cost which is directly related with the production and separately identifiable with production volume while indirect cost is that cost which is not directly related with production volume and not separately identifiable.
What does production cost mean in access FM?
Um Fm means the evening radio channels it has nothing to do with a production cost.
Production cost formula?
cost of production formula
Different types of costs of production?
production cost, selling cost and sundry cost
What is meant by cost of production?
cost of production is the amout of money spend on the production of a perticular comodites.
What does the phrase internalizing an external cost mean?
Internalizing an external cost means incorporating the cost of negative externalities, such as environmental damage or health impacts, into the pricing of a product or service. This helps reflect the true cost of production and consumption by accounting for effects beyond the immediate transaction.
What is one country of comparative advantage in the production of a certain good?
It has a lower opportunity cost for production of that good.
What does profit maximizing quantity of output mean?
Its the level of production where marginal cost is equal to marginal revenue.
How do you find the Cost of Production?
you product the cost
Is the production manager's salary is an example of variable cost?
Because the production manager's salary remains the same, regardless of the production level, this salary is a fixed cost, not a variable cost.
Is sales promotion cost a variable cost?
If it varies with the level of production then it is variable cost otherwise it is fixed cost.
Suggestion on cost saving or production improvement initiatives?
suggestion on cost saving or production improvement initiatives
What are the 4 economic factors of production on Chocolate?
Cost of cocoa beans Scale of production Cost to convert to chocolate Cost of selling and distribution
