Arizonaâs Cattle Community. Like mining, cattle ranching brought people to Arizona. Also like mining, it is an industry that must constantly adapt to a changing environment and limited resources.Cattle ranching is now about half what it was during its peak, but this Arizona C remains a large source of revenue.rizonaâs Cattle Community. Like mining, cattle ranching brought people to Arizona. Also like mining, it is an industry that must constantly adapt to a changing environment and limited resources.
Burden Costs. Burden costs are the costs for the plant that are not included in direct labor or material costs. These costs are often the largest cost for a product. Allocation of these costs to the product is often done incorrectly. These costs include: Indirect labor costs.
the measure of activity used to calculate an overhead rate. Also referred to as a cost driver. a grouping of overhead costs based on the major activity that created them. an approach to product costing that includes direct material, direct labor, and both fixed and variable manufacturing overhead in product cost. Also referred to as absorption costing. The alternative to full costing is variable costing which includes direct material, direct labor, and variable (but not fixed) manufacturing overhead.