Which of the following is an example of an engineered cost? A. Direct materials B. Advertising C. Insurance D. Factory supervisor's salary Costs In Accounting: Accounting for costs incurred is an important topic in accounting and ...
Indirect costs are assigned to a cost object using different methods. These include activity-based costing, proportional allocation, and cost rate allocation. Most of these methods include looking at an indirect cost pool and determining how much of the pool should go to each cost object....
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Under the ABC system, an activity can also be considered as any transaction or event that is a cost driver. A cost driver, also known as an activity driver, is used to refer to an allocation base. Examples of cost drivers include machine setups, maintenance requests, consumed power, purcha...
Turnkey cost (sometimes referred to as turnkey pricing) is the total cost that must be covered before a product or service is ready to be sold and used by consumers. A turnkey cost may involve adirect cost, such as materials, or an indirect cost, such asadministrative expensesand product...
What is an example of an indirect tax? What are some examples of reward power? What is minimum viable product? What is an example of elastic supply? What is an example of proportional tax? What is the social cost? Give an example. ...
Configuration file of RouterC # sysname RouterC # interface GigabitEthernet1/0/0 ip address 172.17.1.1 255.255.255.0 # interface GigabitEthernet2/0/0 ip address 192.168.11.1 255.255.255.0 # interface GigabitEthernet3/0/0 ip address 192.168.21.1 255.255.255.0 ospf cost 100 # ospf 1 ...
The configurations of DeviceB, DeviceC, and DeviceD are similar to the configuration of DeviceA. For detailed configurations, seeConfiguration Scripts. Configure an IPv4 static route on each device, and configure two IPv4 static routes with next hops set to DeviceA and DeviceB on DeviceD. ...
The Definition: What is a Cost Center? A cost center can be defined as a component or subset of an organization that incurs expenses but does not contribute directly to revenue generation. It can be a department, unit, or even an individual within a company. Cost centers are frequently util...
In the service industry, an employee’s salary is a direct cost, but in the manufacturing industry, office staff’s salary is indirect. This concludes that direct costs depend on the nature of the business and are different for every company. Therefore, the accountant should be intelligent enou...