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 83 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?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Total fertility rates (TFRs) among major regions of the world. Total fertility rates (TFRs) among major regions of the world.
How to calculate mortgage payments (Question 1 of 2) How to calculate mortgage payments (Question 1 of 2)
How to calculate simple interest (Part 4; P = I/rt) How to calculate simple interest (Part 4; P = I/rt)
Calculate the Wavelength Calculate the Wavelength
calculate the quantities required to make 5 lb of hydrophilic ointment: calculate the quantities required to make 5 lb of hydrophilic ointment:
A cowbird with its foster parent. A female cowbird minimizes her cost of parental care by laying her A cowbird with its foster parent. A female cowbird minimizes her cost of parental care by laying her
Video: Stretch reflex & Tendon reflex

For a complete list of videos, visit our video library