Platinum and Iridium plugs perform at a lower level than copper spark plugs, because they are less conductive and they tend to overheat. However, the overall longevity of these two types of metal is better than copper plugs.
Carrying cost of inventory is often described as a percentage of the inventory value.This percentage could include taxes, employee costs, depreciation, insurance, cost to keep items in storage, opportunity cost, cost of insuring and replacing items, and cost of capital that help produce income for a business.Also referred to as inventory cost.his percentage could include taxes, employee costs, depreciation, insurance, cost to keep items in storage, opportunity cost, cost of insuring and replacing items, and cost of capital that help produce income for a business. Also referred to as inventory cost.
The entry is: Direct Materials Inventory is debited for the standard cost of $9,000 (3,000 yards at $3 per yard), Accounts Payable is credited for the actual amount owed, and the difference of $240 is credited to Direct Materials Price Variance.