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What is a labor costs?

Labor Cost is the direct labor utilized to manufacture the product. For Example: 10 labor hours required to manufacture 1 unit of product and labor cost per hour is 10 so total labor cost to manufacture 1 unit is 100 (10 * 10).


Is direct materials a period cost?

Direct material is never be a period cost because it is required to manufacture units of products so it is product cost and it can only be a period cost when there is no production of goods but there is a material expenses which is not possible.


Is direct labor cost a period cost?

Direct labor is a product cost as it is required to manufacture the units of product, Direct Labor may be a period cost in that period where there is no production but management still paying the labor all salaries and wages.


What classes should you take in college to become a massage therapiest?

You don't need to take college classes. All that is required to go to massage school is a high school diploma. That being said, you will be learning anatomy, physiology, pathology and will need to learn some basic biology to have a base for learning. Also massage school doesn't teach you how to become a successful massage therapist. It only teaches you to do massage. To be successful, you need to be a business person and know how to market your business. The average age of massage therapists is 45 so get some life experience and business and marketing skills first.


What does Standard cost card shows in cost accounting?

Standard Cost Card shows that how much standard cost of direct material, direct labour and manufacturing overheads and other costs are required to manufacture product or service and it is helpful in control stage and variance analysis.

Related Questions

What is the role of an industrial engineer in facilities planning and design?

Industrial engineers can estimate the time taken and the process for manufacture. This will help you estimate the type and number of machines required to manufacture your product.


How much magnese is required to manufacture one tonneof steel?

nearly 10 kg of manganese is required to manufacture one tonne of steel


What licenses and permission are required to manufacture a biscuits in India?

permission and licence required to make biscuits


What permission and licenses would be required to make a product?

permission and liscense required to manufacture a watch


How does your personal learning style relate to your ideal workplace and your work competencies?

One can acquire knowledge from books or based on experience. Working in a corporate environment would imply that one learns through experience. That is, unless you are a researcher who is required to stay up to date on the publications in your field, you will most likely have a learning style that is based on experience rather than reading.


How does your personal learning style relate to your ideal workplace and your personal work competencies?

One can acquire knowledge from books or based on experience. Working in a corporate environment would imply that one learns through experience. That is, unless you are a researcher who is required to stay up to date on the publications in your field, you will most likely have a learning style that is based on experience rather than reading.


What permission and license would be required to make a watch product?

permission and liscense required to manufacture a watch


Which types of RAM required a license for third parties to manufacture?

sdram


What licences and permissions are required to manufacture chocolates in india?

I'm not shure


Is Python is required for an ECE Engineer Degree?

No it is not required but they do recommend learning a language.


What part of brain is required for learning?

cerebrum


How many barrels of oil are required to manufacture an electric car?

On average, it takes about 6-8 barrels of oil to manufacture an electric car.