Term
| purpose of BHR development |
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Definition
| to recover all costs related to a cost center over the course of one year |
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Term
| all costs related to a cost center are totaled for the entire year. The total is then divided by the number of production hours in one year. |
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Definition
| procedure for BHR development |
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Term
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Definition
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Term
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Definition
| many include more than one piece |
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Term
1. actual (stays the same)
2. depreciated (declines)
3. replacement (variable) |
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Definition
| 3 different types of costing |
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Term
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Definition
| persons working in the cost center |
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Term
| square feet of working are |
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Definition
| includes equipment space and isles |
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Term
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Definition
| motors used to drive moving machinery |
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Term
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Definition
| high intensity light sources |
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Term
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Definition
| fraction, individual, or sum |
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Term
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Definition
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Term
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Definition
| number of extra paid days off |
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Term
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Definition
| number of hours the center is in operation |
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Term
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Definition
| the costs that do not change with changes in production |
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Term
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Definition
| rent, utilities, and heat |
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Term
| all fixed costs / total square footage |
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Definition
| formula for cost per square foot |
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Term
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Definition
| fire, business interruption |
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Term
| total insurance / total equipment value divided by 1000 |
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Definition
| formula for insurance cost per $1000 |
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Term
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Definition
| calculated per $100 of equipment value |
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Term
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Definition
| typically straight line - 10% per year |
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Term
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Definition
| costs that vary as a function of production output |
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Term
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Definition
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Term
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Definition
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Term
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Definition
| measured in kilowatts per hour |
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Term
| departmental direct supplies and expenses |
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Definition
| blankets, solvents, cotton wipes, etc. |
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Term
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Definition
| social security, unemployment compensation, workers compensation |
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Term
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Definition
| group health insurance, pension/retirement |
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Term
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Definition
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Term
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Definition
| uniforms, ground maintenance, painting, trash pick up |
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Term
| administrative & sales overhead |
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Definition
| percentage of total manufacturing cost |
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Term
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Definition
| number of annual hours paid |
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Term
| total costs divided by total hours of production |
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Definition
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