--%>
Assignment Help - homework help

Types of Cost

Types of Cost:

A) Direct costs: clearly chargeable to a work package:

  • labour
  • materials
  • equipment
  • other

B) Direct project overhead costs:

  • those overheads that can be tied to a work package or project deliverable

C) General and Administrative overhead costs:

  • can apportion or allocate to work packages pro-rata, and also percentage may be added if you are a contractor.

   Related Questions in Microeconomics

  • Q : Market conditions operate by monopolies

    Hey friends I need your help for illustrates that this is NOT true by monopolies: (1) are generally more profitable in the long run when there are barriers to entry. (2) sometimes incur losses. (3) may try to increase demand by marketing. (4) shut down while faced by

    		•
  • Q : Value of the Marginal Product I have a

    I have a problem in economics on Value of the Marginal Product. Please help me in the following question. Value of the marginal product is stated as: (1) MPP × P. (2) MPP × MR. (3) MPP × MC. (4) MPP × MRC.

    Q : Market shifting while supply fallen and

    Specified the shifts demonstrated in the market for peanuts, there is the: (1) price will fall.(2)  quantity of output will rise slightly. (3) supply has fallen while demand has grown. (4) main adjustment happens in the quantity exchanged. (5) va

    		•
  • Q : Marginal factor-Costs problem I have a

    I have a problem in economics on Marginal factor Costs. Please help me in the given question. The synonymous words marginal factor costs or marginal resource costs signify to the: (p) Cost incurred in generating an additional unit of the capital. (q) Cost to the resou

    		•
  • Q : Making investment possible in an

    The group which ultimately makes investment in an economy possible is: (1) business firms. (2) households which consume less than their disposable incomes. (3) banks. (4) savings and loan associations. (5) financial tycoons.

    Q : Economic efficiency for pure competition

    Pure competition yields economic efficiency through: (w) punishing profit maximizing behavior. (x) forcing firms to adopt the least costly technologies available. (y) generating high profits as incentives. (z) rewarding entrepreneurs

    		•
  • Q : Less present value by given price When

    When the market interest rate exceeds the rate of return you compute on an asset: (i) competition for profit must make its price rise quickly. (ii) its present value is less than its price. (iii) the market is in long term equilibrium

    		•
  • Q : Marginal cost curve in market power

    Above the minimum average variable cost curve, the marginal cost curve is not the supply curve of a monopoly since, unlike purely competitive firms, firms along with market power: (w)

    		•
  • Q : Illustration of long-run adjustment in

    A rising market demand for generic puffy cheese chips produces economic profits and makes a new firm to build a vast modern factory to bake puffy cheese chips. It is an illustration of: (i) monopoly power. (ii) adjustments in the mark

    		•
  • Q : Average variable costs with marginal

    All profit maximizing firms which are not shut down since demand never exceeds average variable costs will make where marginal revenue as: (w) excludes average revenue. (x) equals average variable cost. (y) equals mar

    		•