Ohne Titel

cost

1. is the economic expense representing the manufacture of a product or providing a service. In determining the cost of production, you can set the retail price

   • is classified
     • nature of the cost
       • -raw materials and other supplies external -services direct -labor and / or indirect -amortization, which is the cost resulting from fixed assets used in production -indirect manufacturing costs
     • measurement of the cost
       • Establish, using this measure, that value, if the quantity and quality of input used, was correct, or was it more or less against a standard or "right" amount based on which sales prices are set .
         • Based on its value, set by adding natural expected utility in business for attractive returns
           • Evaluate different sales prices could be placed to the product or service, for the utility and profitability desired
             • Budget the amount of money needed for production / acquisition of a certain volume of products or services
               • Value different types of company maintaining inventory.
     • direct costs and indirect costs
       • Direct Costs (CD) Are those that can be directly identified with an object cost without any kind of deal. Direct costs arising from the existence of what the cost is to determine whether a product, a service, an activity, such as direct materials and direct labor for the manufacture of a product.
         • Indirect Cost (CI) Those costs which identification with a specific object of costs is very difficult, or not worth realizing it. To allocate indirect costs to different departments, products or activities, it is necessary normally resort to some kind of mechanism for allocation, distributed or shared. Common to several products, costs or joint costs also are treated as indirect costs.
     • fixed and variable costs
       • Fixed costs are those costs that the company must pay regardless of their level of operation, ie, produce or not produce must pay.
         • As its name suggests, the variable cost refers to the cost of production that vary depending on the level of production. Anyone cost increases or decreases as production increases or decreases, known as variable cost.
     • final cost
       • The full cost method assumes that all costs incurred by a company must be incorporated into the final cost
     • cost formulation
       • Basic cost or direct = Consumption of raw materials + labor + direct energy work + Other Direct Costs
         • Industrial Cost = Direct Cost + industrial + indirect general cost of hand character of indirect labor manufacturing
           • Industrial operating cost = cost + general administration costs and sales + indirect labor administration and sales
             • Insurance holding company = Cost + financial costs