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What are advantages of indirect production in commerce?
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What is direct and indirect production in economics?
hi ma nafx xi tfisser
Are property taxes on buildings a period cost or a production cost?
indirect product cost
What are the three subdivision of indirect production?
Well, darling, the three subdivisions of indirect production are auxiliary production, complementary production, and joint production. Auxiliary production involves producing goods or services that support the main production process. Complementary production involves producing goods or services that are used together with the main product. Joint production involves producing multiple products from the same production process. Hope that clears things up for you, sweetie.
What is GDP at FC?
GDP fc is the gross domestic product at factor cost. the production cost for the overall goods and services produced with in an economy. GDP at factor cost = GDP at market price + net indirect taxes net indirect taxes = subsidies - indirect taxes
What really is indirect production?
Indirect production is satisfying the needs in co-operation with other person
What are advantages of indirect production?
leads to avariety of good
What are advantages of indirect production in commerce?
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What are production aspect?
All of the following are aspects of mass production except who? organized labor. What is the difference between production direct production and indirect ...
Is fixed cost the same as indirect cost?
NO both are not same as fixed cost is cost which remains fixed with change in production level while indirect cost is that cost which is not directly related for the production of units.
How do managers decide whether a cost is direct or indirect?
It is not matter of decision by management, direct cost is that cost which is directly related with the production and separately identifiable with production volume while indirect cost is that cost which is not directly related with production volume and not separately identifiable.
What is direct and indirect production in economics?
hi ma nafx xi tfisser
Is research development cost direct or indirect cost?
Research and development cost is indirect cost as this cost is not directly required to manufacturing the production units and that’s why always an indirect cost.
What are overheads?
overheads are three indirect elements of cost. The three elements being-i ndirect material, indirect labour and indirect expenses. these indirect elements of cost have no bearing whatsoev er with the level of activity or volume of production. Examples of these indirect elements are- in making shirts. buttons and thread will be indirect material, rent of the factory will be indirect expenses and salary of the storekeeper will be indirect labour these three would be collectively called overheads.
Are property taxes on buildings a period cost or a production cost?
indirect product cost
What different between Direct materials and Indirect materials?
Direct material is that material which directly involve in production of units like "wood" for furniture. Indirect material is that material which is not directly identifiable or allocatabl to product like "kneedles" in production of furniture
Indirect materials are not charged to a specific job but rather are included in manufacturing overhead. True or false?
True. Because indirect meterial is spend on the production of different products and cannot specifically allocated to one product because of not specific information available about the usage of indirect meterial with regards to specific product in production process.
