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Q: How is the total cost of a businesses determined?
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How do you determine total costs?

Total cost is determined by adding fixed costs and variable costs together. fixed cost + variable cost = total cost


Total labor cost?

The amount of money that a company pays to their direct labor employees over a certain period is considered to be total labor cost. Total labor cost is often determined for the purposes of budgeting and planning.


How is the total cost of a factory or other production site determined?

Fixed costs plus variable costs.


How is the total cost of a factory of other production site determined?

Fixed costs plus variable costs.


What incident types are determined based on the number of resources and the blank needed to properly handle the incident?

amount of time


How is the cost of goods manufactured determined?

Beginning work in process inventory + total manufacturing costs incurred - ending work in process inventory


What is the role of cost accounting in marketing of businesses?

cost accounting play a vital role in marketing businesses because it give the authentic value of the cost of goods and services.


What is importance of cost accounting?

Cost accounting helps businesses manage their product's cost better. With knowledge about how costs behave businesses can respond accordingly, so that they can make a profit.


What is the importance of cost accounting?

Cost accounting helps businesses manage their product's cost better. With knowledge about how costs behave businesses can respond accordingly, so that they can make a profit.


How much does builders risk insurance cost?

How Much Does Builders Insurance Cost?Builders insurance is usually 1% to 5% of your total construction budget. The accurate cost of insurance is determined by the required level of coverage and the insurance company you have chosen.


Cost?

Is how to describe the cost of good and service , tangibles and intangible how to determined.


What do businesses uses to estimate how much it will cost to produce a good?

Businesses use current and past prices to estimate how much it will cost to produce a good.