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What else can I help you with?
Why is cost accounting essential for management?
Cost accounting is used to calculate the per unit cost of product so if the management does not know the per unit product price they will not able to set the selling price of product and determine the profit per unit which they can earn and so many other important decision like these are dependent on cost accounting.
What is direct Cost per unit?
Direct cost per unit is that cost of unit incurred to manufacture one unit of product.Formula for direct cost per unit = total direct cost / total number of units.
Contribution margin per unit?
Contribution margin per unit is the contribution which contribute by sales of one unit for the recovery of fixed cost after fulfiling the variable cost of product.
How to Compute Cost of good sold of manufacturing company?
COGS = products sold (PS) * cost per product to produce (CPP) If we consider inventory, COGS = (beginning inventory - ending inventory + Products produced) * cost per product to produce For further inquiry, contact: gezahegnt@bdu.edu.et
Is cost per 1000 the same as mean cost?
No, it is not. cost per 1000 relates to one product that is produced by one company. The item comes in at a cost of so much per 1000 units. If you went to several different suppliers of the same item and got each company's cost per 1000, then you could calculate the mean, or average cost.
Cost per capita?
WHAT IS THE MEANING OF COST PER CAPITA
What is the difference between unit cost and cost per unit?
nit cost is the average cost of making a product and cost per unit is the marginal cost
What is the cost per metric ton to store product in a warehouse?
The cost per metric ton to store a product in a warehouse can vary significantly based on several factors, including location, type of product, and specific warehouse services provided. On average, it can range from $10 to $30 per metric ton per month, but for specialized storage (e.g., temperature-controlled environments), costs could be higher. Additionally, factors like handling fees, duration of storage, and inventory management services can also influence the overall cost.
How much does Titanium cost for a pound in 2011?
depending on whether you are looking for regular titanium range can cost $ 8.50 per pound and ferro titanium range can cost $2.25 per pound.
Why is cost accounting essential for management?
Cost accounting is used to calculate the per unit cost of product so if the management does not know the per unit product price they will not able to set the selling price of product and determine the profit per unit which they can earn and so many other important decision like these are dependent on cost accounting.
What is the cost per gram for berkelium?
Berkelium is not a commercial product.
How much does an ounce of hydro cost?
The cost of an ounce of hydro varies depending on the seller, location, and quality of the product. On average, it can range from $100 to $300 per ounce in some places where it is legal.
How much does ununtrium cost per gram?
Ununtrium is not a commercial product.
How much does rutherfordium cost per pound?
Rutherfordium is not a commercial product.
What is the cost of francium per unit amount?
Francium is not a commercial product.
How is the average cost calculated for a product or service?
The average cost of a product or service is calculated by dividing the total cost of production by the number of units produced. This gives a measure of the average cost per unit.
How much does muriatic acid cost at Home Depot?
The cost of muriatic acid at Home Depot varies based on the brand, size, and concentration of the product. Typically, prices range from $5 to $20 per gallon.
