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#1 09-08-2018 12:01:32

Date d'inscription: 07-12-2017
Messages: 762

Introduction Products are go

Products are goods produced by converting raw materials through the use of labour and indirect manufacturing resources Connor Cook Black Jersey , such as manufacturing plant, land, and machinery. Televisions, hamburgers, automobiles, computers, clothes and furniture are examples of products. Cost is divided into direct and indirect cost in terms of degree of traceability to the product. Product costs are those costs, both direct and indirect, of producing a product in a manufacturing firm or of acquiring a product in a merchandising firm and preparing it for sale.

Direct Costs
Costs which are easily traceable or identifiable with a product are called direct costs. If output units are the objects of costing, then direct costs represent costs and resources that can be traced to or identified with the finished product. Direct materials, direct labour and direct expenses are examples of direct costs.

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