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What else can I help you with?
The total cost is the sum of what?
When you see TC = Total Costs on a break even chart it stands for Variable, Semi-variable and fixed costs....thus the total cost.
What does each point on a possibilities curve chart show?
Each point on a possibilities curve chart, also known as a production possibility frontier (PPF), represents a different combination of two goods or services that an economy can produce using its available resources and technology. Points on the curve indicate efficient production levels, where resources are fully utilized. Points inside the curve suggest underutilization of resources, while points outside the curve are unattainable given current resources and technology. The shape of the curve typically illustrates the opportunity cost of reallocating resources between the two goods.
What is cost driver and cost pool?
Cost driver is the basic activity which increases the or utilize the cost while cost pool is that in which all costs are jointly shown for example machine setup cost is cost driver while over all overheads is cost pool.
Is transportation cost an ordering cost?
yes transportation an ordering cost
How do you calculate cost of deposit of banks?
cost of deposits= Interest paid on Deposits/Total deposits
What are the advantages and disadvantages of cost classification?
the disadvantages of cost classification
What are the advantages of classification and disadvantages?
the disadvantages of cost classification
Is mixed cost a cost classification?
your stupied.,,..
What are the classification of cost accounting and each meaning?
Classification of costs
Importance of cost classification?
The importance of cost classification to a business should not be underestimated. Cost classification is important because it makes it easier to gather the methods used for accumulating cost data. It also maintains effective supervision in a company.
Briefly explain what is classification of cost?
Classification of cost is where expenses are divided into categories that include variable costs, fixed costs, material costs. These costs relate to business activities.
What are the Classifications of cost accounting?
what are the various classification of cost accounting?
What are the Four classification of cost?
your nan
What are the various classifications of cost accounting?
what are the various classification of cost accounting?
What is cost classification by nature?
Cost classification by nature refers to categorizing costs based on the type of resources consumed, such as labor, raw materials, or utilities. This classification helps businesses understand the composition of their expenses and make informed decisions on cost management and resource allocation.
What is the account classifaction of purchases?
It is a cost account because it is in the cost of merchandise division in the chart of accounts.
Which of the following costs are included in the cost classification that is based on the relationship between total cost and volume of activity?
Varable cost and fixed cost
