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Why direct production labor cost might be regarded as a fixed cost rather than as variable cost?
Direct labor wages are normally Variable costs, charged directly to the Production Cost Account, what is commonly called WIP. It is commonly held that direct labor wages change proportionally to the changes of the production level.
In fact, however, hourly wages are only related to a time unit, not to pieces produced. True direct wages are piece-work wages, but very few industries pay their workers by unit of production. We should have the option to treat a direct labor wage as a fixed cost, just as salary is a fixed cost. Monthly or hourly, these payment are paid by time interval, not by production unit
What else can I help you with?
Is factory supplies a direct cost?
Factory supplies are those items which used in production but not directly related to production of products that's why not part of direct cost rather indirect cost.
Is maintenance direct labor?
Maintenance is not direct labor rather it is part of factory overheads if maintenance is only for those items involve in production of goods.
Is a factory foreman included in direct labor?
A factory foreman is typically not classified as direct labor. Direct labor refers to the workers directly involved in the production of goods, such as assembly line workers or machine operators. Instead, a foreman is usually considered part of indirect labor, as their role focuses on supervising and coordinating the workforce rather than directly contributing to the physical production process.
Is interest expense a Direct Cost?
Interest expense is not a direct cost because it is not used to manufacture the products rather it is paid to acquire the capital.
What are the advantages of direct deposit?
The advantages of direct deposit are that you don't have to physically go to the bank to deposit your check. Rather, it just appears in your account. There is no physical paper trail either.
Why are the standard direct labor and direct materials cost based on actual case production volume rather than planned cases production?
Because they think they will get more money
Is factory supplies a direct cost?
Factory supplies are those items which used in production but not directly related to production of products that's why not part of direct cost rather indirect cost.
What is solar mechanical?
I think this must refer to direct water heating rather than production of electricity
Is maintenance direct labor?
Maintenance is not direct labor rather it is part of factory overheads if maintenance is only for those items involve in production of goods.
Are notes payable a fixed expense?
Notes payable is not fixed expense rather it is variable nature as much as production level increases there is increases in credit purchases and if there is no production there is no purchases.
What is the production of agricultural products destined primarily for direct consumption by the producer rather than for market called?
Subsistence Agriculture
Is a factory foreman included in direct labor?
A factory foreman is typically not classified as direct labor. Direct labor refers to the workers directly involved in the production of goods, such as assembly line workers or machine operators. Instead, a foreman is usually considered part of indirect labor, as their role focuses on supervising and coordinating the workforce rather than directly contributing to the physical production process.
What is the static variable in the class in c?
A static member variable is local to the class rather than to an object of the class.
Researchers use experiments rather than other research methods in order to distinguish between?
Researchers use experiments to distinguish between cause and effect relationships. This involves manipulating one variable (independent variable) and observing the effect on another variable (dependent variable) in a controlled setting. Experiments allow researchers to make direct inferences about the relationship between variables, which is difficult to achieve with other research methods.
What are significant features of pointers?
Pointers have a very significant importance. Rather than pointing to the variable, they help in pointing to the location of variable.
When testing a hypothesis are 2 variables changed at a time?
No, in general, experiments are meant to have everything remaining constant except from one variable that you change. That way you can see the direct effect of that one change rather than a combination of two changes.
What is stock variables?
A variable that depends on an instant rather than a flow of time
