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What else can I help you with?
Is indirect labor a product cost?
Yes, it would accounted for under factory overhead.
Is factory manager wages direct labor costs?
Factory manager is not directly related to the production of units of product so it is not direct labor cost but it is included in overhead costs.
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 do you need to build a factory to make bricks?
To build a factory for making bricks, you need a suitable location with access to raw materials like clay, sand, and water. You'll require equipment such as mixers, molds, kilns for firing, and drying systems. Additionally, a reliable supply chain for materials, skilled labor, and compliance with environmental regulations are essential for efficient operation. Finally, adequate financing and a business plan will help ensure the factory's sustainability and profitability.
How big in squre meters is an average factory?
The size of an average factory can vary significantly depending on its purpose and industry. However, many manufacturing facilities typically range from 1,000 to 10,000 square meters. Larger industrial plants, especially in sectors like automotive or electronics, can exceed 50,000 square meters. Ultimately, the size will be influenced by production capacity, equipment, and operational needs.
Is depreciation of factory plant and equipment a factory overhead cost?
YES
What are the journal entries to record depreciation of factory equipment?
dr factory overhead and cr accum depreciation-equip
Factory overhead should be allocated on the basis of?
factory overhead should be allocated on basis of their apportiomen
What is Applied manufacturing overhead?
what is factory overhead applied?
What is factory Overhead applied?
what isfactory overhead applied
Why computer science is necessary for business?
It's not necessary, but it's very useful for many reasons, from controlling automated factory equipment, to managing accounts.
Is salary of factory manager a period cost?
Salary of factory manager is Manufacturing overhead. and Manufacturing overhead is Product costs. So, It's not period cost.
Why factory overhead cost is applied on production?
Factory overheads are incurred only and only due to production of the goods. That is why the factory overhead cost is applied to production.
The difference between variable factory overhead incurred and total standard variable factory overhead based on the actual quantity of the cost driver for applying the overhead is the?
cheatFAIL
How do you make automated factory on alchemy classic?
Incomplete Factory + Assembly Line
Is factory manager's salary part of factory overhead cost?
yes
Is Factory Overhead on income statement?
yes factory overhead is part of income statement and shown in cost of goods sold statement as a product cost.
