variable
A supervisor's salary typically is considered a fixed cost. The salary of a supervisor typically would not be variable, unless there were other things involved, such as bonus pay.
a. A Store Manager's salary when the cost object is a unit of product b. An Auditor's Salary when the cost object is the Audit Department c. The Director's fees when the cost object is the Production Department d. A Production supervisor's Salary when the cost object is the Stores dept
Accounting staff are considered executive costs which would be a period cost.
No. A companies president salary is a period cost.
Cost of goods sold.
A salary of $115,000 a year is considered a good income in many parts of the world, as it places individuals in the upper middle class bracket. However, the perception of what constitutes a "good" salary can vary depending on factors such as location, cost of living, and personal financial goals. It is important to consider individual circumstances when determining if a salary is good for you.
COGS (Cost of Goods Sold) is a Material Cost.
How do you calculate cost of goods sold for a manufacture company
No, because cost of goods manufactured is part of the first. Cost of goods available for sale also includes purchases
No, salary is generally considered a part of the company's operating expenses rather than an administrative expense. Administrative expenses typically refer to overhead costs that support the overall operation of the business, such as office supplies, utilities, and professional fees. Salary is typically categorized as a direct cost or an indirect cost related to the production or provision of goods and services.
Cost of goods sold is the total cost incurred for goods manufacturing while cost of goods sold statement is the document which shows the calculation of cost of goods sold.