Is the monetary value of resources like material labour and over head used in the making of a product or delivery of a service
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- First of all, the physical capital you invest would be spent on the machines, materials, labour..
- after investing upon this thing, they would go under fixed capital.
- as you setup start getting income, and you produce anything
- then you will invest your income or turnover money upon delivery of the things.
- the money would be spent over shipping charges, driver fees, distance wise fees, money for fuel etc.
- so there is a difference between the money fir material, labour.. It cant be used over head becuase it is already invested.
- so you will use the income money fof delivery of service
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