0
What else can I help you with?
Does prime cost plus conversion cost equal the cost of manufacturing?
Total Manufacturing Cost = Direct Material + Direct Labor + Factory Overheads Prime Cost = Direct material + Direct Labor Conversion Cost = Direct Labor + Factory Overhead So yes prime cost and conversion cost is equal to total manufacturing cost
How do you calculate direct labor for manafacturing?
Direct labor for manufacturing = direct labor for one unit * total number of units manufactured
How do you calculate direct labor cost per unit?
Direct Labour Cost per Unit = total direct labour cost / total units produced
What is the labor cost?
The cost of wages paid to workers during an accounting period on daily, weekly, monthly, or jobs basis,plus payroll and related taxes and benefits.
What is controllable margin?
The increase or decrease in the total cost of a production run for making one additional unit of an item. It is computed in situations where the breakeven point has been reached: the fixed costs have already been absorbed by the already produced items and only the direct (variable) costs have to be accounted for. Marginal costs are variable costs consisting of labor and material costs, plus an estimated portion of fixed costs (such as administration overheads and selling expenses). In companies where average costs are fairly constant, marginal cost is usually equal to average cost. However, in industries that require heavy capital investment (automobile plants, airlines, mines) and have high average costs, it is comparatively very low. The concept of marginal cost is critically important in resource allocation because, for optimum results, management must concentrate its resources where the excess of marginal revenue over the marginal cost is maximum. Also called choice cost, differential cost, or incremental cost. Read more: http://www.businessdictionary.com/definition/marginal-cost.html#ixzz2Mdg26AC0
Direct materials plus direct labor plus variable overhead equals?
Total Manufacturing Cost
Does prime cost plus conversion cost equal the cost of manufacturing?
Total Manufacturing Cost = Direct Material + Direct Labor + Factory Overheads Prime Cost = Direct material + Direct Labor Conversion Cost = Direct Labor + Factory Overhead So yes prime cost and conversion cost is equal to total manufacturing cost
What is the formula to calculate conversion costs?
it is direct labor plus overhead costs
How do you find the cost to the store?
It is the wholesale price plus a share of the overheads.
How do you calculate direct labor for manafacturing?
Direct labor for manufacturing = direct labor for one unit * total number of units manufactured
Can you purchase in bulk an item with a college logo and then sell for profit?
Yes, but only if your selling price is higher than your purchase price plus overheads.
How much does replacing brake pads cost?
Depends greatly on the vehicle, some pads only cost $25 plus labor, others are over $150 plus labor. Labor charges vary vehicle to vehicle.
What is a definition for dayworks in construction?
Dayworks apply when a payment is made to a contractor based on the cost of materials and wages plus a percentage for overheads and profits.
How do you calculate direct labor cost per unit?
Direct Labour Cost per Unit = total direct labour cost / total units produced
How can one apply for a Direct PLUS loan?
It is possible to apply for a Direct Plus loan directly online through the official Government's Direct website or also through the Governments official student finance website.
Is y equals 2x plus 5 a direct variation if so what is the constant of variation?
No, it is not a direct variation.
Is child labor a prolbem today?
Yes, it is a very serious problem. They aren't getting their education and plus they have to do labor. Child labor is still happening everywhere in the world
