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Approximate construction cost of one sq meter in a commercial building?

Costs vary by geographic location.


What is an example of how a standard cost is established?

in a factory that produces personal computers, standard costs are often used for direct materials, direct labor, and variable overhead, at the unit level. Resource usage that can be traced exactly to what is to be produced is referred to as direct.


What does CM3 and CM4 mean in profitability?

CM3 and CM4 refer to specific metrics used in profitability analysis, particularly in the context of contribution margins. CM3 represents the contribution margin after accounting for variable costs related to production, while CM4 includes additional variable costs such as sales and marketing expenses. These metrics help businesses assess the profitability of their products or services by revealing how much revenue is available to cover fixed costs and generate profit after accounting for varying costs. Understanding CM3 and CM4 allows companies to make informed decisions about pricing, cost management, and resource allocation.


Which ratio shows an organizations effectiveness in minimizing production costs?

There are two measures of production costs: total costs and marginal costs. The relevant ratio depends on which of these is being minimised.


Fixed costs are costs that?

Fixed costs are costs that donot vary with the quantity of the product produce and have no relation with volume of product like administration staff salary or building rent etc.

Related Questions

What are the approximate costs in producing a bandaid?

$4.00


Resource cost can be associated with labor cost or material consumable resources?

Variable costs not Resource


What is the approximate cost for Mercedes s class?

it costs 2 dollars


Is silver a ocean resource?

Yes, it is, but recovery costs are prohibitive.


What is approximate cost of pearls cosmetic dentistry?

The costs vary depending on the case.


What are the impact of external costs and external benefits on resource allocation?

The impact of external costs and external benefits on resource allocation that business needs can be done quiet easily with perfection as distribution of resources has been done with costs and benefits effective point.


What is the approximate value of a gold dental crown?

It costs about $1,000 for all the work and the crown and installation. You can find places at cheaper costs.


Advantages of netwrking computers?

Resource sharing and often reduced costs.


What is a responsibility center that incurs costs and expenses and generates revenues?

It is a Profit Center


What is approximate cost for an attached garage?

Depends on the area. Constructions costs vary by geographic location.


What is the type of cost classification?

(a) By time when computed historic costs standard costs (b) By financial costing Revenue costs capital costs (c) By responsibility controllable costs uncontrollable costs (d) By identification with stock product costs period costs (e) By tracing costs to end products direct costs indirect costs


Approximate construction cost of one sq meter in a commercial building?

Costs vary by geographic location.