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substitution cost, the measure of the cost you are giving up in order to achieve something else
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∙ 13y ago
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Define conversion cost?
It is the cost converting raw material into finished goods. It comprises direct labour and manufacturing overheads.
Define average total cost?
Average total cost is the sum of all the production costs divided by the number of units produced.
Define Accouting for research and development?
resarch and development cost are expensed as incurred in the current period and are not capitalized your welcome
Explain the reasons for defining structures for a project?
It is important to define structures for a project so that it is done in a timely manner and is cost effective and complete. These are all reasons to define parameters.
Define value added?
Added value is the difference between the selling price of a good or service and the cost of brought in materials or the value of inputs
Define cost price and selling price?
define cost and selling price
What is measurement of cost?
what is northern light?
What are the unit cost formula?
Measurement
How do you define food cost?
FOOD COST- ($)COST YOU SPEND ON FOOD( WHICH IS ALOT) :D
Define Detection cost?
costs of detecting
How would you define a current cost?
Current cost. Replacement cost or net realizable value.
Define direct and indirect labor cost in garment industry?
Define direct and indirect labour?"
How would you define a cost driver?
The term "cost driver" refers to the activity that causes cost to change.
Define the cost of control and minority interest?
Define_the_cost_of_control_and_minority_interest
Define the statement A marketing information system is an investment not a cost?
mis is investment not a cost
What has the author Charles Forrest Graham written?
Charles Forrest Graham has written: 'Work measurement and cost control' -- subject(s): Cost control, Work measurement
Define the word profit in buiness?
Revenue over cost.
