Post by account_disabled on Mar 5, 2024 0:18:37 GMT -8
The shipping costs, sales salaries and commissions) and administrative costs (such as executive salaries and legal fees). Also read: Understanding Costs and + Easy Ways to Optimize Them . According to Ease of Tracking Direct cost costs that can be traced directly to a specific costing object such as a specific product, department, or branch. Examples include materials and direct labor. Some operational costs can also be classified as direct costs, such as advertising costs for certain products. Indirect costs costs that cannot be traced to a specific costing object. They are also called common costs or shared costs. Indirect costs include factory overhead and operating costs that benefit more than one product, department, or branch.
Also read: Knowing Tax Rates and Tax Groupings in Indonesia . According to Timing of Income Product Costs Product costs are inventory costs. They form part of inventory and are charged against revenue, i.e. cost of sales, only when sold. All Whatsapp Number List production costs (direct materials, direct labor, and factory overhead) are product costs. Period Costs Period costs cannot be inventoried and charged against immediate income. Period costs include non-manufacturing costs, namely selling costs and administrative costs. . According to Behavior according to Activity According to Behavior according to Activity cost classification illustration. source envato Variable Costs varies in proportion to changes in activity.
Examples include direct materials, direct labor, and sales commissions based on sales. Fixed cost Costs that remain constant regardless of activity level. Examples include rent, insurance, and depreciation using the straight-line method. Mixed Fees Costs that vary in total but are not proportional to changes in activity. It basically includes a concoction of fixed costs plus additional variable costs. An example is electricity costs which consist of a fixed amount plus variable costs based on usage. . According to Relevance to Decision Making Relevant Costs Costs that would be different under alternative measures.
Also read: Knowing Tax Rates and Tax Groupings in Indonesia . According to Timing of Income Product Costs Product costs are inventory costs. They form part of inventory and are charged against revenue, i.e. cost of sales, only when sold. All Whatsapp Number List production costs (direct materials, direct labor, and factory overhead) are product costs. Period Costs Period costs cannot be inventoried and charged against immediate income. Period costs include non-manufacturing costs, namely selling costs and administrative costs. . According to Behavior according to Activity According to Behavior according to Activity cost classification illustration. source envato Variable Costs varies in proportion to changes in activity.
Examples include direct materials, direct labor, and sales commissions based on sales. Fixed cost Costs that remain constant regardless of activity level. Examples include rent, insurance, and depreciation using the straight-line method. Mixed Fees Costs that vary in total but are not proportional to changes in activity. It basically includes a concoction of fixed costs plus additional variable costs. An example is electricity costs which consist of a fixed amount plus variable costs based on usage. . According to Relevance to Decision Making Relevant Costs Costs that would be different under alternative measures.