MAC2601 FORMULA

University of South Africa

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MAC2601 EXAM PACK
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129

oktober 2021

2021/2022

A+
MAC REVISION STUDY PACK TOPIC 1: NATURE AND BEHAVIOUR OF COSTS (1) Manufacturing cost/ Production cost Manufacturing costs - costs incurred in the manufacturing process of a product.  Direct + Indirect cost = Manufacturing cost  Direct cost = Direct Material + Direct Labour  Total Direct cost = Prime cost  Conversion cost = Direct Labour + Manufacturing overheads  Indirect cost = Indirect material + Indirect Labour  Total Indirect cost = Overheads Direct cost – cost...
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