What are operating Costs?
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Answer / guest
The day-to-day expenses incurred in running a business,
such as sales and administration, as opposed to production.
also called operating expenses.
| Is This Answer Correct ? | 23 Yes | 6 No |
Answer / suliaman
Operating costs are the day to day cost of organizing to
a business’ operations. It can also refer to the costs of
operating a particular method or branch of a corporation.
Operating costs usually fall into two groups, called fixed
costs and variable costs. A business may have more of one
type of operating cost than the other
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / lansanacoker
operating cost is the total cost involve in production
including salaries.
| Is This Answer Correct ? | 4 Yes | 4 No |
Answer / ravi
operating cost is nothing but the cost which is incurred
for operation here operation includes getting the
particular process done by using availible resources
generally aprocess meet different stages of production
formulae -o.p cost /sales *100
| Is This Answer Correct ? | 5 Yes | 6 No |
Answer / suresh
total daily expenditure of company. means day to day expenses.
sales, administration and production. these expenses are
called operating cost
| Is This Answer Correct ? | 3 Yes | 8 No |
Answer / maheswari.m
The day to day expenditure incurred in running a
Businesssuch as sales and administrationas opposed to
production .It is aiso called as operating
expenses.
The expenses of maintaing property .
| Is This Answer Correct ? | 3 Yes | 11 No |
Answer / vinotha.v
The day-to-day expenses incurred in running a business.
That is operating cost.
The operating cost calculated raw materials
| Is This Answer Correct ? | 2 Yes | 10 No |
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hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
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