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Is Manufacturing cost is overhead or variable?
Manufacturing cost is variable cost.
Manufacturing overhead - fixed or variable cost?
Compute the actual and budgeted manufacturing overhead rate
Does absorption costing treat fixed manufacturing overhead as a period cost?
no its a product cost
What is plant overhead cost?
plant overhead cost, also called manufacturing overhead or factory burden, is the total cost involved in operating all production facilities of a manufacturing business. It generally applies to indirect labor and indirect cost, it also includes all costs involved in manufacturing with the exception of the cost of raw materials and direct labor. Factory overhead also includes certain costs such as quality assurance costs, cleanup costs, and property insurance premiums
What is Overhead cost?
plant overhead cost, also called manufacturing overhead or factory burden, is the total cost involved in operating all production facilities of a manufacturing business. It generally applies to indirect labor and indirect cost, it also includes all costs involved in manufacturing with the exception of the cost of raw materials and direct labor. Factory overhead also includes certain costs such as quality assurance costs, cleanup costs, and property insurance premiums
Is Manufacturing cost is overhead or variable?
Manufacturing cost is variable cost.
Is commission manufacturing overhead cost?
No -- commission is Sales overhead cost.
Is Direct material cost combined with manufacturing overhead cost is known as conversion cost?
false, direct labor and manufacturing overhead = conversion cost
Manufacturing overhead - fixed or variable cost?
Compute the actual and budgeted manufacturing overhead rate
Is salary of factory manager a period cost?
Salary of factory manager is Manufacturing overhead. and Manufacturing overhead is Product costs. So, It's not period cost.
Variable manufacturing overhead cost per direct labor hour?
Variable manufacturing overhead cost per direct labor hour means the variable overhead cost spent for one single labor hour and formula is as follows:Variable overhead cost per labor hour = total variable overhead cost / Total direct labor hours
What is One potential cause of Total Manufacturing Overhead Variance?
If the estimated materials, labor or overhead costs allocated for a manufacturing order is different from the actual cost of the MO then the potential result is a Manufacturing Overhead Variance.
Is rent a manufacturing overhead cost?
Yes if you rent anything
Abel companys manufacturing overhead is 20 percent of its total conversion costs If direct labor is 38000 and if direct material are 47000 the manufacturing overhead is?
Well, honey, if manufacturing overhead is 20% of total conversion costs, and direct labor is $38,000 and direct materials are $47,000, then total conversion costs would be $38,000 + $47,000 = $85,000. So, if manufacturing overhead is 20% of that, it would be 0.20 x $85,000 = $17,000. So, the manufacturing overhead would be $17,000.
Does absorption costing treat fixed manufacturing overhead as a period cost?
no its a product cost
Is advertising a manufacturing overhead?
Generally anything associated with the cost of getting something to market is considered overhead
Is factory utilities a product or a period cost?
Product cost classified further as a manufacturing overhead
