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You are interested in explaining the different types of organisational designs to students of basic management.These students need to know the advantages and disadvantages of each structure as well as the structure's characteristics. You have been singing the praises of standardisation.You are probably describing the:
Manufacturing Cost
The total expense incurred in the process of producing goods, including materials, labor, and overhead.
Selling Prices
The amount of money charged for a product or service, determined by cost, competition, and market demand.
Unit Product Cost
The sum of materials, labor, and overhead expenses divided by the quantity of units manufactured.
Predetermined Overhead Rate
A rate used to apply manufacturing overhead to products or job orders, calculated before the production process begins.
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