Describe the Changes in Technology During the Ming Empire, Focusing

question 36

Essay

Describe the changes in technology during the Ming Empire, focusing on agriculture, warfare, and transportation.

---

Definitions:

Cost Of Goods Sold

The cost of goods sold (COGS) is the direct cost attributable to the production of the goods sold by a company, including materials and labor costs.

Factory Overhead

The total of all indirect costs incurred in the manufacturing process, excluding direct materials and direct labor.

Direct Materials Price Variance

It represents the difference between the actual cost and the standard cost of direct materials used in the production process.

Standard Cost

A predetermined cost of manufacturing, which is often used for budgeting and measuring performance.