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I bought a box of matches today in the Rep of SA. The cost was 50 cents. The box contained thirty matches, making the cost per match 50/30 = 1,6666 cents/match. Lets us assume that 1/3rd of the world's population of 6 billion (a million million), that's 2 million million people, strike one match per day 365 days of a year. We therefore have 2,000,000,000,000 x 365 matches being struck every year. So, 2,000,000,000,000 x 365 x 1,6666 divided by 100 will give you the golbal sum spent annually by 1/3 of the the world's population striking one match every day for a year in South African Rands. 12,166,180,000,000 Rands 12,166 Billion Rands
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Are cafeteria costs for the factory a period cost?
No. They are a product cost/factory overhead cost
Is factory heating costs classified as a product cost or period cost?
Factory heating cost is overhead cost and part of product cost as if there is no production there is no factory heating requires.
Is factory rent direct cost?
Yes factory rent is direct cost because without factory there is no possibility for production of units of goods.
Is depreciation on factory equipment a period cost?
It's a Product cost. Think Selling (Store) and Administrative(Office) cost for period cost. The machines are in the factory.
What is purpose of factory overhead applied and how this information can use by the cost accountant in minimum the cost of the product?
Factory overhead is what it costs to run the factory. The cost accountant can look at the cost of overhead to find ways to minimize it, resulting in the cost of the product being lower.
What is the duration of The Match Factory Girl?
The duration of The Match Factory Girl is 1.13 hours.
When was The Match Factory Girl created?
The Match Factory Girl was created on 1990-01-12.
What are the release dates for The Burning of the Match Factory - 1912?
The Burning of the Match Factory - 1912 was released on: USA: 20 September 1912
Are cafeteria costs for the factory a period cost?
No. They are a product cost/factory overhead cost
Is factory heating costs classified as a product cost or period cost?
Factory heating cost is overhead cost and part of product cost as if there is no production there is no factory heating requires.
Differntiate between prime cost and factory cost?
Prime cost is a subset of Factory cost. Prime cost consist of Direct material, Direct labour and Direct expenses. Factory cost = Prime cost + Production OH
What does factory insurance cost?
it cost nothing
Is factory rent direct cost?
Yes factory rent is direct cost because without factory there is no possibility for production of units of goods.
How did triangle shirtwaist factory went on fire?
A match or cigarette.
Is depreciation on factory equipment a period cost?
It's a Product cost. Think Selling (Store) and Administrative(Office) cost for period cost. The machines are in the factory.
What is purpose of factory overhead applied and how this information can use by the cost accountant in minimum the cost of the product?
Factory overhead is what it costs to run the factory. The cost accountant can look at the cost of overhead to find ways to minimize it, resulting in the cost of the product being lower.
Is factory supplies a product cost or period cost?
Product cost
