3. Bubbly Baking Soda and Citrus Soak. Baking soda has too many uses to list here, but when it comes to foot odor, it can be a true miracle worker. It naturally helps control odor, kill bacteria/fungus, and softens your feet to boot.
DEFINITION of 'Production Cost'. A cost incurred by a business when manufacturing a good or producing a service. Production costs combine raw material and labor.To figure out the cost of production per unit, the cost of production is divided by the number of units produced.roduction costs can be used to compare the expenses of different activities within the company. In production, there are direct costs and indirect costs. For example, direct costs for manufacturing an automobile are materials such as the plastic, metal or labor incurred to produce such an item.
The marginal cost of an item is its variable cost. The marginal production cost of an item is the sum of its direct materials cost, direct labour cost, direct expenses cost (if any) and variable production overhead cost.So as the volume of production and sales increases total variable costs rise proportionately. Valuation of inventory-opening and closing inventory are valued at marginal (variable) cost under marginal costing. 2  The fixed costs actually incurred are deducted from contribution earned in order to determine the profit for the period.