Stadium Hotel Network offers great rates on over 50 hotels near Oakland Coliseum. All of our hotels have been approved by AAA and the Mobile Travel Guide, the authorities in hotel inspection. All hotels offer a generous savings off of regular hotel rack rates.
In like manner, a finished goods inventory will also have an inventoriable cost. This will include not only all the costs related to the raw materials, but also the direct labor and any fixed or variable overhead that is incurred while producing those finished goods. If those goods are stored at a rented facility, even the cost of the rental will be accounted for as an inventoriable cost.
Examples of variable costs include direct costs such as raw materials and direct labour. Numerical example of variable costs. A factory is producing widgets. It takes 4m2 to make one widget and it costs $2 per square metre. If the factory makes 50 widgets if costs $400, if the factory makes 100 widgets it costs $800.