(a) Concept introduction: Direct Cost: The cost which is directly related to the product and affects those items directly, which contributes to the revenue generation in the business is referred as direct cost. Indirect Cost: The cost which is not directly related to the product and does not affect those items directly, which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed cost or such costs are incurred as a whole and cannot be make relation to manufacturing cost . The reason behind increment in the cost per plaque.

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General Accounting

Answer 1

Question

Chapter 10, Problem 10.2MBA

To determine

(a)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly, which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly, which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed cost or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The reason behind increment in the cost per plaque.

To determine

(b)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed costs or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The area of concern for HT on the basis of unit costs.

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Answer 2

Question

Chapter 10, Problem 10.2MBA

To determine

(a)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly, which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly, which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed cost or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The reason behind increment in the cost per plaque.

To determine

(b)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed costs or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The area of concern for HT on the basis of unit costs.

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Answer 3

Question

Chapter 10, Problem 10.2MBA

To determine

(a)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly, which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly, which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed cost or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The reason behind increment in the cost per plaque.

To determine

(b)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed costs or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The area of concern for HT on the basis of unit costs.

Expert Solution & Answer

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Answer 4

Question

Chapter 10, Problem 10.2MBA

To determine

(a)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly, which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly, which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed cost or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The reason behind increment in the cost per plaque.

To determine

(b)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed costs or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The area of concern for HT on the basis of unit costs.

Expert Solution & Answer

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Answer 5

Chapter 10, Problem 10.2MBA

To determine

(a)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly, which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly, which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed cost or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The reason behind increment in the cost per plaque.

To determine

(b)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed costs or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The area of concern for HT on the basis of unit costs.

Answer 6

Chapter 10, Problem 10.2MBA

To determine

(a)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly, which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly, which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed cost or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The reason behind increment in the cost per plaque.

Answer 7

Chapter 10, Problem 10.2MBA

To determine

(a)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly, which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly, which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed cost or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The reason behind increment in the cost per plaque.

Answer 8

To determine

(b)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed costs or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The area of concern for HT on the basis of unit costs.

Answer 9

To determine

(b)

Concept introduction:

Direct Cost:

The cost which is directly related to the product and affects those items directly which contributes to the revenue generation in the business is referred as direct cost.

Indirect Cost:

The cost which is not directly related to the product and does not affect those items directly which contributes to the revenue generation in the business is referred as indirect cost. These can be fixed costs or such costs are incurred as a whole and cannot be make relation to manufacturing cost.

The area of concern for HT on the basis of unit costs.

Answer 10

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Answer 21

Ch. 10 - Which 01 the following is not considered a cost of...Ch. 10 - Which of the following costs would be included as...Ch. 10 - A company estimated $420,000 of factory overhead...Ch. 10 - If the factory overhead account has a negative...Ch. 10 - When using job order costing for a professional...Ch. 10 - List three differences in how managerial...Ch. 10 - For a company that produces desktop computers,...Ch. 10 - How is product cost information used by managers?Ch. 10 - a.Name two principal types of cost accounting...Ch. 10 - What kind of firm would use a job order cost...

Solution Summary: The author explains the difference between direct cost and indirect cost, which can be fixed or incurred as a whole and cannot be made relation to manufacturing cost.

Chapter 10 Solutions