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Production supervisor's salary period cost?
no...product cost
Transportation costs incurred by a manufacturing company to ship its product to its customers would be classified as which of the following a. Product cost b. Manufacturing overhead c. Period cost?
Product cost
Who loses from a tariff or quota?
A tariff or a quota increase the cost to the consumer. A tariff adds an additional cost to a product. As a result the consumer loses. Sometimes the supplier loses. A supplier in a distant land has the retail cost of his product go up under a tariff. If people can not afford the cost he will sell less. As a result he might lose. His workers might lose jobs if the product does not sell. His government might lose. Under a quota system, there may or may not be a loss. In the late 1970s, the government put a quota on Japanese cars. That created a shortage. Dealers added several thousand dollars to the cost of each car. The customer lost. The manufacturer lost.
Do transportation costs increase or decrease the cost of the merchandise?
Increase. Product cost is a reflection of the cost to manufacture and ship the product, as well as middleman markups.
Are property taxes on buildings a period cost or a production cost?
indirect product cost
Which term is defined as a government supporters or pays part of the cost of production?
subsidization
Which term is defined as a government support or pays part of the cost of production?
subsidization
Which term is defined as a government supports or pays part of the cost or production?
subsidization
Which term is defined as a government supports or pays part of the cost of production?
subsidization
Direct cost of sales?
Direct cost of sales are those costs that exists as a result of selling the product. Indirect costs are costs that are there whether the product sells or not.
Why does protecting the environment sometimes result in an increased price in the store for a product?
It's because the economic cost
Is depreciation on a machine a period cost or product cost?
product cost
Is factory supplies a product cost or period cost?
Product cost
Cost of a delivery truck is a period cost or product cost?
Should typically be a product cost.
Is fixed cost relevant in determining price of a product?
The fixed cost is relevant in determining price of a product. This is a cost that is associated with the product and will contribute to the total production cost of a product.
Differentiate between period cost and product cost?
Period Cost: It is that cost which must be incurred by the company no matter it produce any product or not. Product cost: Product cost is that cost which is necessary to produce any production units to earn revenue.
Is factory supplies a product or a period cost?
Product cost
