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Factory rent direct manufacturing costs?
Yes factory rent is direct manufacturing cost because without factory no production can be done so only factory rent is part of direct manufacturing cost and no other rent is included in it.
Is office rent direct cost or indirect cost?
Office rent is indirect cost as normally all these kinds of offices are used for management purposes which is not directly required for manufacturing of goods that’s why all kind of management costs are indirect costs.
Would office supplies be included in manufacturing overhead?
No, office supplies are generally not included in manufacturing overhead. Manufacturing overhead typically encompasses indirect costs related to the production process, such as utilities, depreciation on equipment, and salaries of supervisory personnel. Office supplies are usually categorized as administrative expenses, which fall under operating expenses rather than manufacturing costs.
What is contractors overhead?
What it costs him to do business, such as office rent, pencils, pins,etc material that is not specifically charged out.
What is an overhead?
An overhead is a cost that is not directly related to the production of a specific good or service but that is indirectly related to the production of several goods or services. For example, the cost of maintaining an office or factory - lighting, heating etc.
Is manufacturing overhead same as manufacturing cost?
No. Cost would include the cost of materials. Overhead would not.
Is Manufacturing cost is overhead or variable?
Manufacturing cost is variable cost.
Is commission manufacturing overhead cost?
No -- commission is Sales overhead cost.
Is Direct material cost combined with manufacturing overhead cost is known as conversion cost?
false, direct labor and manufacturing overhead = conversion cost
What is manufacturing overhead?
cost incurred for manufacturing of good and services. It is also called Factory overheads. Example Factory rent,Factory workers salary,other cost which is incurred in factory to manufacture a Product
Manufacturing overhead - fixed or variable cost?
Compute the actual and budgeted manufacturing overhead rate
What is overhead cost in small business?
"Overhead" is the cost of things like rent and supplies.
Is salary of factory manager a period cost?
Salary of factory manager is Manufacturing overhead. and Manufacturing overhead is Product costs. So, It's not period cost.
WHAT IS Fixed moh?
Fixed MOH stands for fixed manufacturing overhead. It includes overhead costs that do not vary with production levels, such as rent on the manufacturing facility or management salaries. Fixed MOH is allocated to products based on predetermined rates or cost drivers.
Factory rent direct manufacturing costs?
Yes factory rent is direct manufacturing cost because without factory no production can be done so only factory rent is part of direct manufacturing cost and no other rent is included in it.
Variable manufacturing overhead cost per direct labor hour?
Variable manufacturing overhead cost per direct labor hour means the variable overhead cost spent for one single labor hour and formula is as follows:Variable overhead cost per labor hour = total variable overhead cost / Total direct labor hours
What is One potential cause of Total Manufacturing Overhead Variance?
If the estimated materials, labor or overhead costs allocated for a manufacturing order is different from the actual cost of the MO then the potential result is a Manufacturing Overhead Variance.
