• Cost of purchase, including the purchase price, any import duties or non-recoverable taxes, and cost directly attributable to the acquisition of inventory (like transport, handling) less any trade discounts, rebates, and so on.
• Cost of conversion, including the costs of direct labor used, a systematic allocation of variable production overheads, a systematic allocation of fixes production overheads based on normal production capacity, scraps that are common to the process, downtimes that are predicted in the routines, and so on.
• Cost of purchase, including the purchase price, any import duties or non-recoverable taxes, and cost directly attributable to the acquisition of inventory (like transport, handling) less any trade discounts, rebates, and so on.• Cost of conversion, including the costs of direct labor used, a systematic allocation of variable production overheads, a systematic allocation of fixes production overheads based on normal production capacity, scraps that are common to the process, downtimes that are predicted in the routines, and so on.
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