This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Describe how to calculate the total manufacturing cost of a ... (Read 47 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
on: Jun 24, 2018
Describe how to calculate the total manufacturing cost of a product.

Question 2

What are the three kinds of factory costs?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mbcrismon

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 24, 2018
Answer to Question 1

Calculate the prime cost by adding the cost of the raw materials to the cost of direct labor. The total manufacturing cost is the prime cost plus factory overhead.

Answer to Question 2

raw materials, direct labor costs, factory overhead


azncindy619

  • Hero Member
  • *****
  • Posts: 562
Reply #2 on: Jun 24, 2018
Correct answers!


mbcrismon

  • Sr. Member
  • ****
  • Posts: 328
Reply #3 on: Jun 24, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

How to calculate simple interest (Part 2) How to calculate simple interest (Part 2)
How to calculate theoretical probability How to calculate theoretical probability
Total Solid Waste, MSW per Capita Total Solid Waste, MSW per Capita
Agricultural Land as a Fraction of Total Wealth in the United Kingdom Agricultural Land as a Fraction of Total Wealth in the United Kingdom
Ho to calculate the ATP of a 12-Carbon fatty acid, beta oxidation Ho to calculate the ATP of a 12-Carbon fatty acid, beta oxidation
How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree? How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree?
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library