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  2. Manufacturing cost - Wikipedia

    en.wikipedia.org/wiki/Manufacturing_cost

    Manufacturing cost is the sum of costs of all resources consumed in the process of making a product. The manufacturing cost is classified into three categories: direct materials cost, direct labor cost and manufacturing overhead. [1] It is a factor in total delivery cost. [2]

  3. Factory overhead - Wikipedia

    en.wikipedia.org/wiki/Factory_overhead

    Factory overhead, also called manufacturing overhead, manufacturing overhead costs (MOH cost), work overhead, or factory burden in American English, is the total cost involved in operating all production facilities of a manufacturing business that cannot be traced directly to a product. [1] It generally applies to indirect labor and indirect cost.

  4. Standard cost accounting - Wikipedia

    en.wikipedia.org/wiki/Standard_cost_accounting

    An important part of standard cost accounting is a variance analysis, which breaks down the variation between actual cost and standard costs into various components (volume variation, material cost variation, labor cost variation, etc.) so managers can understand why costs were different from what was planned and take appropriate action to ...

  5. Operating cost - Wikipedia

    en.wikipedia.org/wiki/Operating_cost

    Note: This note was left in parentheses years prior and only moved to template in 2017. [example needed] In some cases, equipment may appear to have low or no operating cost because either the cost is not recognized or is being absorbed in whole or part by the cost of something else. Equipment operating costs may include: Salaries or Wages of ...

  6. Equipment leasing vs. financing - AOL

    www.aol.com/finance/equipment-leasing-vs...

    Equipment leases can be a capital lease or an operating lease You may need at least two years in business and $100,000 in annual revenue to qualify for an equipment loan or lease

  7. Cost accounting - Wikipedia

    en.wikipedia.org/wiki/Cost_accounting

    Cost accounting has long been used to help managers understand the costs of running a business. Modern cost accounting originated during the Industrial Revolution when the complexities of running large scale businesses led to the development of systems for recording and tracking costs to help business owners and managers make decisions. Various ...

  8. Fixed cost - Wikipedia

    en.wikipedia.org/wiki/Fixed_cost

    In business planning and management accounting, usage of the terms fixed costs, variable costs and others will often differ from usage in economics, and may depend on the context. Some cost accounting practices such as activity-based costing will allocate fixed costs to business activities for profitability measures. This can simplify decision ...

  9. Pros and cons of equipment loans - AOL

    www.aol.com/finance/pros-cons-equipment-loans...

    Equipment loans often have a higher payment than an equipment lease but allow you to own the asset outright at the end of the loan term. For many business owners, buying equipment is an important ...

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