This topic contains a solution. Click here to go to the answer

Author Question: Describe how to calculate the total manufacturing cost of a ... (Read 82 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
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
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
Correct answers!



mbcrismon

  • Sr. Member
  • ****
  • Posts: 328
Great! Please up vote :D



 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

For a complete list of videos, visit our video library