answersLogoWhite

0

Indirect material is normal fixed cost that is why it is allocated using some kind of ratio or formula.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

Is indirect material fixed costs or variable costs?

Indirect material is normal fixed cost that is why it is allocated using some kind of ratio or formula.


Are indirect materials variable or fixed cost?

Indirect


Is direct material a selling cost?

is direct cost a? Selling cost, manufacturing costs, direct, manufacturing cost indirect, general and administrative cost, fixed cost , variable cost, is direct cost a? Selling cost, manufacturing costs, direct, manufacturing cost indirect, general and administrative cost, fixed cost , variable cost,


Is indirect materials factory a fixed or variable cost?

no


Is indirect labor a variable cost?

If indirect labor change with the change of units of product then indirect labor is a variable cost. If change in the quantity of units has no impact on indirect labor cost then it is a fixed cost.


What are the Different types of cost with answers?

Direct cost. Indirect cost. Fixed cost. Variable cost.


What is the difference between variable overhead cost variance and fixed overhead variance?

direct or indirect cost which increases or decreases with production are variable overheads such as, indirect material, indirect labor, utilities, maintenancd expansis etc. expansis which does not fluctuate with increase or decrease of production called fixed overheads such as rent, salaries, insurance, professional membership like ISO etc.


Is raw material cost variable or fixed costs?

raw material cost variable cost because it change with volume of product i.e. the more you produce the more you have to purchase for raw material. Fixed cost are never change with changing in volume.Raw Material Cost is variable cost


Is raw materials variable cost or fixed cost?

raw material cost variable cost because it change with volume of product i.e. the more you produce the more you have to purchase for raw material. Fixed cost are never change with changing in volume.Raw Material Cost is variable cost


Is fire a selling cost manufacturing cost direct manufacturing cost indirect administraitve cost fixed cost or variable cost?

Is fire a selling cost, direct manufacturing cost, indirect manufacturing cost, administrative cost, foxed cost or variable cost.


Is indirect labor a variable or mixed cost?

It is a variable cost!!


Are all costs variable?

Direct Cost are those costs that can be directly assigned to a production process. Indirect cost were those costs that cannot be directly assigned to production process but have to allocate to production. Variable costs are those costs that vary directly with the production level. Only Direct cost could be variable . But not all direct cost are variable. Thus direct cost contains both Variable and Fixed elements while indirect costs contains only fixed element.

Trending Questions
The Office of Management and Budget (OMB) apportions Budget Authority to the DoD Comptroller on a quarterly annual or other periodic basis depending on the appropriation. True False? What does consumption tax mean? What money-handling tasks have you performed IE Balancing a cash drawer cash register usage bank deposits credit card transaction etc? When is nonqualified annuity earnings subject to income tax? What is the journal entry for interest receivable? What software can assist with bookkeeping for small businesses? When a firm with a 6-day workweek pays employees on Saturday. If the firm's year ends on a Saturday and gross salary for the week is 12000 how much salary expense is accrued at year end? What benefits are there to using Transunion as a credit monitoring sight? What is importance of accounting information for a business entity? Do extraordinary items appear on the balance sheet? What is the personal qualities expected of an accountant? In order to compute the income taxes you owe the federal government this year your employer is required to give you a that lists your earnings and withholding for the past year.? What is cash on hand? What property cannot be taxed? Is it best to choose an activity measured in dollars when choosing an acitivy measure for flexible budgets? Is refundable deposits on balance sheet? How do you find out company turnover? What is the breakdown of the current IRS gas mileage allowance? What is a 1090 form? What is the the state tax rate for Washington?