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Are indirect materials variable or fixed cost?
Indirect
What are examples of fixed and variable cost factory?
examples of fixed cost factory are salary, rent, electricity bills while variable cost are purchase of raw materials,
Are indirect material fixed or variable?
Indirect
Difference between marginal cost accounting statements and absorption cost accounting statement?
marginal costing considers only direct) materials,labour,expenses and variable factory overheads excluding fixed factory overheads but absorption considers (direct) materials ,labour,expenses,variable and fixed factory overheads.
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.
Are indirect materials variable or fixed cost?
Indirect
What are examples of fixed and variable cost factory?
examples of fixed cost factory are salary, rent, electricity bills while variable cost are purchase of raw materials,
Are indirect material fixed or variable?
Indirect
Difference between marginal cost accounting statements and absorption cost accounting statement?
marginal costing considers only direct) materials,labour,expenses and variable factory overheads excluding fixed factory overheads but absorption considers (direct) materials ,labour,expenses,variable and fixed factory overheads.
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.
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.
Is indirect material is fixed cost or variable cost?
Indirect material is normal fixed cost that is why it is allocated using some kind of ratio or formula.
Is direct Materials a fixed or variable cost?
Variable. Jessica Nichole Sims
When the variable costing method is used how does fixed factory overhead appear on the income statement?
fixed expense
What are the Different types of cost with answers?
Direct cost. Indirect cost. Fixed cost. Variable cost.
Who manufactures instruments for testing of acetaldehyde in PET raw materials?
Cost classifications Knoblauch, Inc., manufactures rugby jerseys for collegiate sports teams and sells its merchandise through university bookstores. Required: Raw material Direct labor Variable manufacturin overhead Fixed manufacturing overhead Fixed administrative expense Fixed indirect selling expense Variable direct selling
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.
