_______ cost are costs which are a part of the cost of a product rather than an expense of the period in which they are incurred Posted on:
The costs that can be easily identified with a department, process or product are termed as Posted on:
________ is the cost of sequence of operations which begins with supplying materials, labor and services and ends with the primary packing of the product. Posted on:
_________ is the cost of formulating the policy, directing the organization and controlling the operations of an undertaking which is not related directly to a production, selling, distribution, research or development activity or function Posted on:
________ is the cost of selling to create and stimulate demand (sometimes termed as marketing) and of securing orders. Posted on:
________ is the cost of sequence of operations beginning with making the packed product available for dispatch and ending with making the reconditioned returned empty package, if any, available for reuse. Posted on:
______ is the cost of searching for new or improved products, new application of materials, or new or improved methods. Posted on:
________ is cost of process which begins with the implementation of the decision to produce a new or improved product or employ a new or improved method and ends with the commencement of formal production of that product or by the method. Posted on:
_______ is the part of development cost incurred in making a trial production as preliminary to formal production is called pre-production cost. Posted on:
