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the cost of the material and labor necessary to make a product
ther for called prime cost e.g when ever u want to see only actual cost of products u just subtract these tow cost direct labour * Direct materila
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Define the social cost and benefits in constructing a bridge?
Better start working on this one yourself.hhjhjhjhj
Define cost audit?
The purpose of a cost audit is to verify all cost accounts and ensure that the company is following the predefined cost accounting plan. This type of audit focuses on every department within an organization to ensure that costs are being managed properly.
What are disposition costs?
Disposition cost is a term used to define the expenses that a seller or a business spent in selling. Keeping track of the disposition cost greatly helps business owners and sellers to monitor their financial status.
What lenders do sub prime mortgages?
Not all lenders give the oppurtunity of sub prime mortgages, but one for example that does is the Infinity Federal Credit Union (IFCU). This is one of the posibilities.
Define cost explain different costing methods and techniques?
It is important to have your costs and costing methods in order. This will ensure that your money is being well spent.
Define prime cost?
Direct Material Direct Labor direct Factory Overhead
What is your prime age?
It depends on how you define prime
Define cost price and selling price?
define cost and selling price
What is the difference between prime cost and direct cost?
Prime cost is a way of measuring the total cost of the production inputs needed to create a given output. Likewise direct costs are directly linked to production but are more specific. For example, a direct cost would be direct labour, direct materials or direct expenses. Where as, prime cost is the total of all of those direct costs forming one prime cost.
Differntiate between prime cost and factory cost?
Prime cost is a subset of Factory cost. Prime cost consist of Direct material, Direct labour and Direct expenses. Factory cost = Prime cost + Production OH
What is help calculate time?
define prime meridian
Is variable overheads include in prime cost?
Direct labor and direct materials are the components of prime cost so no other cost is part of prime cost and hence variable overheads also not included in prime cost.
Define relevant range and give an example of what this would be for the next fiscal year in pharmacy example scatter diagram should average prescriptions filled rise to 3546 per month?
Fixec cost 3,546 Variable cost 49,629 Total cost 50,175Type your answer here...
What is the formula to calculate prime costs?
Formula for Prime Cost = Material Cost + Labor Cost
Define prime factorization?
A product of Prime number,perhaps with some repetition, resulting in the desired amount
What is define prime number?
A prime is a whole number divisible by itself and 1, and no other whole number.
Define the term prime number?
A no: which cannot be divided by any no: other than 1 and the no itself is a prime no
