Production level refers to the amount of output that needs to be produced to keep up with a certain standard. The standard may be determined according to survival level or may also be pegged at a level that would exceed survival requirements. Facility level is the volume of facilities and physical infrastructure required to produce the identified production level.
is a plan for a single level of production, whereas a flexible budget can be converted to any level of production.
The relataionship of cost between the level of production is determine the fixed or variable cost if cost change with production level then it is variable cost otherwise fixed cost.
what is the difference between elementary and basic
difference between business level strategy and corporate level strategy?
what is the difference between Re oreder level and EOQ
It's like the difference between a biopsy and an autopsy.
it is difference between the water level from head race and tail race
Biotechnology is the use of cells or products of these cells for the service of human. while industrial biotechnology deals with the production of these products on industrial level.
hi
the level of wealth
Direct material variance refers to the difference between the actual cost of direct materials used in production and the standard cost that was expected to be incurred. It is typically divided into two components: the price variance, which measures the difference between the actual price paid for materials and the standard price, and the quantity variance, which assesses the difference between the actual quantity of materials used and the standard quantity expected for the actual level of production. Analyzing this variance helps businesses identify inefficiencies and cost management issues in their production processes.
my mom