Cryptocurrency Q&A
What does idle mean in cost accounting?
What does idle mean in cost accounting?
CryptoWizardry
Wed Nov 13 2024
|
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.
Was this helpful?
142
24
DigitalWarrior
Fri Nov 15 2024
Additionally, maintaining machines also contributes to normal idle time, as these activities do not generate productive output.
Was this helpful?
368
39
amelia_doe_explorer
Fri Nov 15 2024
Idle time represents periods during which employees are compensated but do not contribute to productivity.
Was this helpful?
214
92
CryptoEnthusiast
Fri Nov 15 2024
This concept encompasses two distinct categories: normal and abnormal idle time.
Was this helpful?
208
71
Leonardo
Fri Nov 15 2024
Normal idle time arises due to uncontrollable factors that are beyond the management's influence.
Was this helpful?
134
37
