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JF611 MANUFACTURING ECONOMY CHAPTER 1
Transcript of JF611 MANUFACTURING ECONOMY CHAPTER 1
JF611 MANUFACTURING ECONOMY
SUFAIRUZ BINTI SAAD
CHAPTER 1 - FIXED & VARIABLE COST
1.1 Understand fix and variable cost
1.1.1 Identify the elements of output cost either fix or variable
1.1.2 Calculate the total cost for multiple finish output
1.1.3 Draw the total cost versus finish output graph
1.1.4 Identify direct material, direct labor, direct expenses and actual cost
1.1.5 Identify the elements of output cost as direct material, direct labor, direct expenses and actual cost
FIXED & VARIABLE COST
DIRECT MATERIAL COST
DIRECT EXPENSES COST
BREAK EVEN POINT
MANUFACTURING ECONOMIC provide knowledge
and understanding to students on economy aspect
which include concepts, basic element principle cost
component and decision making which are involved
in manufacturing process. This course also focus on
fix cost, variable cost, direct and indirect cost, labour
cost, break-even point analysis, materials and costing
and actual cost which leading towards eliminate the
wastage in manufacturing.