Cryptocurrency Q&A
What does idle mean in cost accounting?
What does idle mean in cost accounting?
CryptoWizardry
Wed Nov 13 2024
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5
answers
1066
I'm trying to understand the term 'idle' in the context of cost accounting. I want to know how it's defined and how it affects the overall costing of a business.
5 answers
Isabella
Fri Nov 15 2024
One such factor is the time required to set up machinery for operational use.
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DigitalWarrior
Fri Nov 15 2024
Additionally, maintaining machines also contributes to normal idle time, as these activities do not generate productive output.
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amelia_doe_explorer
Fri Nov 15 2024
Idle time represents periods during which employees are compensated but do not contribute to productivity.
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CryptoEnthusiast
Fri Nov 15 2024
This concept encompasses two distinct categories: normal and abnormal idle time.
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Leonardo
Fri Nov 15 2024
Normal idle time arises due to uncontrollable factors that are beyond the management's influence.
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