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Goshia [24]
3 years ago
6

Costs that are incurred as part of the manufacturing process but are not clearly associated with specific units of product or ba

tches of production, including all manufacturing costs other than direct material and direct labor costs, are called:
Business
1 answer:
tensa zangetsu [6.8K]3 years ago
3 0

Answer:

These costs are called overhead cost.

Explanation:

Costs that are incurred as part of the manufacturing process but are not clearly associated with specific units of product or batches of production, including all manufacturing costs other than direct material and direct labor costs, are called overhead cost. These costs can not be associated with specific product so they are allocated to product cost based on estimation.

These cost include accounting fees, advertising, depreciation expense insurance, interest, legal fees, labor burden, rent, repairs, supplies, taxes, telephone bills, travel expenditures, and utilities

These costs are futher divided in two categories that is variable overhead cost and fixed overhead cost.

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Jamie is saving for a trip to Europe. She has an existing savings account that earns 2 percent annual interest and has a current
Alona [7]

Answer:

forgo interest = $30

interest = $75

Explanation:

given data

annual interest = 2%

current balance = $4,500

borrow = $1,500

annual interest rate = 5 percent

to find out

how much interest would she forgo and how much will she pay in interest

solution

first we get here Forgo interest that is here

forgo interest = withdrawal amount × interest rate ..........................1

put here value we get

forgo interest = $1500 × 2%

forgo interest = $30

and

now w get here pay in interest that is

interest = amount borrow × interest rate ..........................2

put here value we get

interest = $1500 × 5%

interest = $75

7 0
3 years ago
Activities and Cost Drivers For each of the following activities, select the most appropriate cost driver. Each cost driver may
rjkz [21]

<u>Activities</u>

- Pay Vendors

- Evaluate Vendors

- Inspect raw materials

- Plan for purchases of raw materials

<u>Cost Drivers:</u>

a) Number of different kinds of raw materials

b) Number of classes offered

c) Number of tables

d) Number of employees

What is Cost Drivers ?

A cost driver causes a change in an activity's cost. The idea is most frequently applied to allocate overhead expenses to the quantity of produced units. In order to reduce the cost of overhead, it can also be utilized in activity-based costing analysis to identify the causes of overhead. An activity-based costing system may employ a variety of cost drivers. Just one cost driver should be employed if a company just cares about adhering to the minimum accounting standards to allocate overhead to produced items. Cost drivers include things like the amount of customer interactions, engineering change orders, machine hours consumed, and product returns, as well as the number of direct labor hours performed.

To learn more about Cost Drivers with the help of given link:

brainly.com/question/14904453

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8 0
10 months ago
Read 2 more answers
What do you mean by public service?​
Inessa05 [86]

A public service is something provided by the government or another official entity for the benefit of all members of a society or community, such as health care, transportation, or garbage management.

Any service designed to meet the specific needs of the total population of a community is considered a public service. People who live in a government jurisdiction can access public services directly from public sector organizations or through public financing of private companies or nonprofits (or even as provided by family households, though terminology may differ depending on context). Other public services are provided on behalf of or in the best interests of the citizens of a government. The phrase refers to a social consensus .

Learn more about  public service here.

brainly.com/question/28161669

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6 0
1 year ago
Maya owes $20,000 on her credit cards, her adjustable mortgage rate has just gone up, and she has been out of work for 3 months.
grigory [225]

Answer: exhaustion

Explanation:

Given the information provided in the question, we are told that Maya collapsed and had to be taken to the emergency room. According to Hans Selye, Maya is in the exhaustion phase of the general adaptation syndrome.

At this stage, Maya's energy resources has been depleted after failing to recover from shock.

7 0
3 years ago
Ford Motor Corporation is considering purchasing new technology that will increase productivity by twenty percent. If Ford Motor
Alborosie

Answer:

E. The demand for loanable funds increases.

5 0
3 years ago
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