First of all we need raw materials such as, steel, sheets, aluminum, winding...etc. The payable wages...

 

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First of all we need raw materials such as, steel, sheets, aluminum, winding...etc. The payable wages of labour which is the amount of money paid to worker who makes fan and the Manufacturing overheads which is all indirect cost incurred during the production process. Such as labor's gloves, rental costs, utility bills and so on. All these cost can be done simultaneously. After that, we can move to the next process which is department A in this department we will collect the parts of fan then, we will move to department B and here we will package the fans. So, after that the fan will be finished and ready to be sold. Finally we will get the cost of good sold in the market and we find how much add to profit? First of all we need raw materials such as, steel, sheets, aluminum, winding...etc. The payable wages of labour which is the amount of money paid to worker who makes fan and the Manufacturing overheads which is all indirect cost incurred during the production process. Such as labor's gloves, rental costs, utility bills and so on. All these cost can be done simultaneously. After that, we can move to the next process which is department A in this department we will collect the parts of fan then, we will move to department B and here we will package the fans. So, after that the fan will be finished and ready to be sold. Finally we will get the cost of good sold in the market and we find how much add to profit?

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The costing process of an electric fan involves estimation of both direct and indirect costs Th... View the full answer