According to the 2010 census, Minonk has a total area of 2.42 square miles (6.27 km2), all land. At the 2000 census, there were 2,168 people, 841 households and 587 families residing in the city. The population density was 1,587.6 per square mile (611.0/kmÂ²).
Sample direct cost components: first costs and its elements (P); annual costs (AOC or M&O); salvage/market value (S) Approaches: bottom-up; design-to-cost (top down) Accuracy: feasibility stage through detailed design estimates require more exacting estimates Some techniques: unit; factor; cost estimating relations (CER) Different Approaches to Cost ...
Average costing method in periodic inventory system: When average costing method is used in a periodic inventory system, the cost of goods sold and the cost of ending inventory is computed using weighted average unit cost.Weighted average unit cost is computed using the following formula :verage costing method in perpetual inventory system: When average costing method is used in a perpetual inventory system, an average unit cost figure is computed each time a purchase is made. This average unit cost figure is then used to assign cost to each unit sold until a new purchase is made.