Knowledge

Direct materials cost

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The manufacture of products or goods requires material as the prime element. In general, these materials are divided into two categories. These categories are direct materials and indirect materials.
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the cost of direct materials which can be easily identified with the unit of production. For example, the cost of glass is a direct materials cost in light bulb manufacturing.
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Direct materials are also called productive materials, raw materials, raw stock, stores and only materials without any descriptive title.
91: 63: 58: 53: 48: 17: 8: 87: 122: 116: 82:Lanen, W. N., Anderson, S., Maher, M. W. (2008). 114: 104:Cost Accounting: Foundation and Evolution 14: 115: 102:Michael R. Kinney, Cecily A. Raiborn, 24: 27:Cost of the materials in a product 25: 134: 84:Fundamentals of Cost Accounting 96: 76: 64:Direct material usage variance 59:Direct material price variance 54:Direct material total variance 49:Variance analysis (accounting) 13: 1: 69: 7: 42: 10: 139: 31:Direct materials cost 92:978-0-07-352672-0 16:(Redirected from 130: 107: 100: 94: 80: 21: 138: 137: 133: 132: 131: 129: 128: 127: 113: 112: 111: 110: 101: 97: 86:, McGraw Hill, 81: 77: 72: 45: 28: 23: 22: 15: 12: 11: 5: 136: 126: 125: 109: 108: 95: 74: 73: 71: 68: 67: 66: 61: 56: 51: 44: 41: 26: 18:Material costs 9: 6: 4: 3: 2: 135: 124: 121: 120: 118: 106:, 7th edition 105: 99: 93: 89: 85: 79: 75: 65: 62: 60: 57: 55: 52: 50: 47: 46: 40: 37: 34: 32: 19: 103: 98: 83: 78: 38: 35: 30: 29: 70:References 117:Category 43:See also 90:  123:Costs 88:ISBN 119:: 20:)

Index

Material costs
Variance analysis (accounting)
Direct material total variance
Direct material price variance
Direct material usage variance
ISBN
978-0-07-352672-0
Category
Costs

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