{"id":5125,"date":"2025-04-07T08:09:47","date_gmt":"2025-04-07T14:09:47","guid":{"rendered":"https:\/\/q1dapyf5zv.onrocket.site\/?p=5125"},"modified":"2025-04-07T08:09:50","modified_gmt":"2025-04-07T14:09:50","slug":"elementos-del-costo-guia-practica-con-un-caso-aplicado","status":"publish","type":"post","link":"https:\/\/taxid.mx\/english\/elementos-del-costo-guia-practica-con-un-caso-aplicado\/","title":{"rendered":"Cost Elements: Practical Guide with an Applied Case"},"content":{"rendered":"

One of the fundamental concepts in cost accounting is that of cost elements<\/strong>, which allow industrial companies to determine how much a product actually costs to manufacture. Understanding these elements is key not only for setting prices, but also for making strategic decisions and identifying areas for improvement.<\/p>\n\n\n\n

What are the elements of cost?<\/h2>\n\n\n\n

There are three essential elements that make up the production cost<\/strong>:<\/p>\n\n\n\n

1. Direct raw material<\/strong><\/h3>\n\n\n\n

It's the material that can be directly identified in the final product. For example, in the manufacture of a chair, wood would be a direct raw material, as it is part of the finished product.<\/p>\n\n\n\n

2. Direct labor<\/strong><\/h3>\n\n\n\n

These are the wages and salaries of the personnel directly involved in the processing of the product. In our chair example, this would be the salary of the carpenter who cuts, sands, and assembles the chair.<\/p>\n\n\n\n

3. Manufacturing costs or indirect charges<\/strong><\/h3>\n\n\n\n

These are costs that cannot be directly associated with a single product but are necessary for the production process. They include:<\/p>\n\n\n\n