How do you decide major cost contribution while cosuyingo

Question

Accepted Answer

Major cost contributions are decided based on factors like direct labor, materials, overhead, and other expenses.

Consider direct labor costs, which include wages and benefits for employees directly involved in production.
Take into account materials costs, such as raw materials and components used in manufacturing.
Factor in overhead costs, including rent, utilities, and other indirect expenses.
Analyze other expenses like marketing, research and development, and administrative costs.
Use cost allocation methods to distribute costs across different products or services.
Consider the impact of economies of scale and cost drivers on major cost contributions.

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