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Difference between standard cost actual cost and normal cost?
prices
What is the difference between a controlled variable and a manipulated variable?
the independent variable is on the x-axis of the graph and left or top of a table wile the dependent variable is on y-axis of the graph and the right or botton of a table. The dependent depends on the independed ex: josh is buying a certain number of pizzas for all the people that rsvp 4 his party. graph the cost of the pizza compaired 2 the # of people that have rsvp. independent:# of people dependent: cost of the pizza because the cost depends on how many people decide to rsvp
Different between prime cost sum and provisional sum?
one has ' prime cost' in front of the word 'sum' and the other has the word 'provisional' in front of 'sum'
What is the the variable costs plus the fixed costs?
Type your answer here... fixed cost + variable cost = total cost
What do you mean by labor cost variance?
Labor cost variance means the difference between standard labor cost and actual labor cost.
What is the difference between base cost and variable cost?
You don't fire variable costs
What determines the difference between a variable and a fixed cost?
The relataionship of cost between the level of production is determine the fixed or variable cost if cost change with production level then it is variable cost otherwise fixed cost.
What is the difference between variable overheads cost variance andfixed overheads cost variance?
Variable overhead cost variance is that variance which is in variable overheads costs between the standard cost and the actual variable cost WHILE fixed overheads cost variance is variance between standard fixed overhead cost and actual fixed overhead cost.
Is variable overheads include in prime cost?
Direct labor and direct materials are the components of prime cost so no other cost is part of prime cost and hence variable overheads also not included in prime cost.
What is the difference between capacity cost and variable cost?
capacity cost : it is the cost which is incurred to increase its ability which can reduce or avoid by shutting down business variable cost: which varies with the output
What is difference between sales and prime cost?
gross profit
The difference between price and average variable cost is defined as?
Profit contribution
What is cost What is the difference between total cost and average cost?
Average total cost is the average of all your costs. This is your Fixed Costs and your Variable costs. Average Variable Cost is the average of your costs that can fluctuate.
What is the Difference between prime cost and overhead cost?
Prime cost is the cost of materials and labor involved in production of a commodity, excluding fixed costs. Overhead cost is the cost of on-going expenses, such as rent, utilities, and insurance. Overhead costs are one of the major factors in determining how a company charges for its service or product.
What is the difference between average total costs and average variable costs?
Average total cost is the average of all your costs. This is your Fixed Costs and your Variable costs. Average Variable Cost is the average of your costs that can fluctuate.
Difference between inrimental cost and variable Cost?
Variable cost is that cost which changes with level of production while incremental cost is that extra cost which increased due to change in alternative products or from selecting one product to another product.
Difference between semi variable costs and semi fixed costs?
a semi fixed cost moves upward in a step where semi variable cost begining at a given base level
