direct material cost

percentage on direct material cost — A basis used in absorption costing for absorbing the manufacturing overhead into the cost units produced. The formula used is: (budgeted manufacturing overhead × 100)/budgeted direct material cost …   Accounting dictionary

Прямые материальные затраты (DIRECT MATERIAL COST)  — Количество материала, напрямую связанное с определенным объектом учета затрат, стоимость которого определяется по цене единицы непосредственно использованного материала …   Словарь терминов по управленческому учету

Direct materials cost — is the cost of direct materials which can be easily identified with the unit of production. For example, the cost of glass is a direct materials cost in light bulb manufacturing[1]. The manufacture of products or goods required material as the… …   Wikipedia

direct materials cost — Expenditure on direct materials It is one of the cost classifications that make up the direct cost of a cost unit and is ascertained by collecting together the quantities of each material used on each product by means of materials requisitions… …   Big dictionary of business and management

direct materials cost — Expenditure on direct materials. It is one of the cost classifications that make up the prime cost of a cost unit and is ascertained by collecting together the quantities of each material used on each product by means of materials requisitions… …   Accounting dictionary

Direct material variance — Direct Material Cost Variance = Material Cost Variance can be divided into : Price Variance Usage VarianceUsage Variance can be further sub divided into : Mix Variance Yield Variance …   Wikipedia

Direct material total variance — In variance analysis (accounting) direct material total variance is the difference between the actual cost of actual number of units produced and its budgeted cost in terms of material. Direct material total variance can be divided into two… …   Wikipedia

Direct material price variance — In variance analysis (accounting) direct material price variance is the difference between the standard cost and the actual cost for the actual quantity of material used or purchased. It is one of the two components (the other is direct material… …   Wikipedia

Direct material usage variance — In variance analysis (accounting) direct material usage (efficiency, quantity) variance is the difference between the standard quantity of materials that should have been used for the number of units actually produced, and the actual quantity of… …   Wikipedia

direct material — noun : material used in manufacturing processes which becomes an integral part of the product and the cost of which is identifiable and chargeable directly to it compare indirect material * * * direct material, the raw material of a manufactured… …   Useful english dictionary

Cost Accounting Standards — (popularly known as CAS) are a set of 19 standards and rules promulgated by the United States Government for use in determining costs on negotiated procurements. CAS differs from the Federal Acquisition Regulation (FAR) in that FAR applies to… …   Wikipedia