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Setup cost is the cost of setting up the machine for manufacturing of units of product.
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∙ 10y ago
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What are the cost drivers of activity cost budgeting?
Cost drivers are the actual activities due to which costs incurres like machine setup cost. As many time there is machine setup as many times there is machine setup cost to be incurred.
What is the explanation for the various costs involved in inventory?
carrying cost, ordering cost or setup cost are major cost involved in inventory
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.
DO YOU HELP SETUP GRANTS OR MAKE SUGGESTIONS ON WHAT GRANTS WORK ?
DO YOU HELP SETUP GRANTS OR MAKE SUGGESTIONS ON WHAT GRANTS WORK ?
What does the EOQ formula tell us?
it tell us the best quantity to order to minimize the average period cost which include setup, purchase and holding costs. TC=DC+DS/Q+(P-d)HQ/2P
What are the cost drivers which are used in apportioning overheads cost under activity based budgeting?
Cost drivers are activities due to which cost incurred for expample as many time as machines are setup for production as many time machine setup cost will be incurred so matchine setup is cost driver.
What are the cost drivers of activity cost budgeting?
Cost drivers are the actual activities due to which costs incurres like machine setup cost. As many time there is machine setup as many times there is machine setup cost to be incurred.
What are four costs associated with maintaining an inventory?
Ordering cost, Setup cost, Holding cost and Stockout cost
How much does it cost to setup a wiki?
Some can be free.
What are the assumptions inherent in production setup costs ordering cost and carrying cost?
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What is the explanation for the various costs involved in inventory?
carrying cost, ordering cost or setup cost are major cost involved in inventory
What did a1970volkswagon cost in 1970?
$1995.00 plus setup and designation charges.
How much does it cost to setup a server for 1000000 computers?
It would cost approxamitly $40,000 including the price of the server(S)
How can you prove mathemetically EOQ point is the same point of intersection of inventory carring cost and total cost?
EOQ point is -(NOT)_ the same point of intersection.in most cases it is the intersection of (setup cost and purchase cost). caring cost is notwithin the curves because it is liner with total carve. Remember caring or ho;dong cost is per unit item per cycle.EOQ is the Min of (sum of two curves setup cost and purchase cost), even if Not the intersect point.in other word1) plot setup cost (Q)2) plot purchase cost (Q)plot the sum of ( 1 and 2) into curve one new curvefind the minimum point in this curve. this point is your EOQ.
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 cost of initial setup an advantage of using computerized spreadsheets?
Not really. It is much cheaper just to purchase a ledger.
Why isn't wind energy available to everyone?
Cost of setup and not everywhere has enough wind to make it a viable option
