Burden Cost?
Im fillin an RFQ for a company and in a article they ask me for the burden cost.
Can anyone relay me what is a burden cost? or what does burden money?
Answers:
Basically it's matching entry as overhead.
Total of adjectives costs of production except direct materials and direct labor, also call work overhead, indirect industrial expenses, factory expenses, and factory burden. In ornament to Indirect Materials and Indirect Labor, it includes such items as depreciation, setup costs, element costs, cleanup costs, fringe benefits, payroll taxes, and insurance. It is an inventoriable cost charged by allocation to Work-In-Process.
Burden is the cost to doing a commission that isn't direct cost.
Say you are repairing a ship, you pay envelope your grouping labor and it will be billed to the charge but besides wages the company is paying long shore and harbor workers insurance, job loss, FICA, Medicare, retirement and medical. So you might enjoy a cost of 61.3 cents for every dollar of wages that is to say also charged to the profession as burden.
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Can anyone relay me what is a burden cost? or what does burden money?
Answers:
Basically it's matching entry as overhead.
Total of adjectives costs of production except direct materials and direct labor, also call work overhead, indirect industrial expenses, factory expenses, and factory burden. In ornament to Indirect Materials and Indirect Labor, it includes such items as depreciation, setup costs, element costs, cleanup costs, fringe benefits, payroll taxes, and insurance. It is an inventoriable cost charged by allocation to Work-In-Process.
Burden is the cost to doing a commission that isn't direct cost.
Say you are repairing a ship, you pay envelope your grouping labor and it will be billed to the charge but besides wages the company is paying long shore and harbor workers insurance, job loss, FICA, Medicare, retirement and medical. So you might enjoy a cost of 61.3 cents for every dollar of wages that is to say also charged to the profession as burden.