0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Utilities is variable cost or fixed cost?
it is obviously variable
What is indirect labor relationship to unit cost?
A portion of indirect costs factors into your unit cost. For example, let's say you were running a factory. A portion of the factory's square footage is used for administrative tasks, while another portion is used to manufacture your products. The percent of rent and utilities pertaining to the manufacturing would get allocated amongst your units to calculate unit cost.
Should utilities run through COGS?
If the question is "Should utilities such as power and phone be accounted for through Cost of Goods Sold?" the answer is no. Utilities are an expense.
Are cafeteria costs for the factory a period cost?
No. They are a product cost/factory overhead cost
Is factory heating costs classified as a product cost or period cost?
Factory heating cost is overhead cost and part of product cost as if there is no production there is no factory heating requires.
Is factory utilities a product or a period cost?
Product cost classified further as a manufacturing overhead
How much does it cost to operate a factory farming?
The cost of operating a factory farm can vary depending on the size, location, type of livestock, and regulatory requirements. Expenses typically include feeding and housing animals, veterinary care, labor costs, utilities, and feed. Overall, the operation of a factory farm can be expensive due to the scale of production and resources required.
Utilities is variable cost or fixed cost?
it is obviously variable
What is indirect labor relationship to unit cost?
A portion of indirect costs factors into your unit cost. For example, let's say you were running a factory. A portion of the factory's square footage is used for administrative tasks, while another portion is used to manufacture your products. The percent of rent and utilities pertaining to the manufacturing would get allocated amongst your units to calculate unit cost.
Should utilities run through COGS?
If the question is "Should utilities such as power and phone be accounted for through Cost of Goods Sold?" the answer is no. Utilities are an expense.
Are cafeteria costs for the factory a period cost?
No. They are a product cost/factory overhead cost
What is the average cost of utilities for a dance studio?
$800
Is factory heating costs classified as a product cost or period cost?
Factory heating cost is overhead cost and part of product cost as if there is no production there is no factory heating requires.
What is the average cost of utilities per month on a small business?
The average cost of utilities on a small business will depend on the actual size of the business. In some cases, utilities will be very cheap. In other cases, it can cost hundreds of dollars a month.
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 the average cost for Utilities per month?
$300-$400
How much do utilities cost in Utah?
They cost $5 000 000 every 67 years
