The Direct Cost for Completing an Activity as Early as Possible

question 2

Short Answer

The direct cost for completing an activity as early as possible is called its ________ cost.

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Definitions:

Units Sold

The total quantity of a company's product that was sold during a specified period.

Prime Cost

The total of direct materials plus direct labor expenses linked to the manufacturing of products.

Variable Cost

Costs that vary in direct proportion to changes in levels of production or sales, such as materials and labor directly involved in a product's manufacturing.

Units Sold

The total number of units of product sold within a specific time frame.