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Indirect costs are costs that are not directly accountable to a cost object (such as a particular function or product). Indirect costs may be either fixed or variable. Indirect costs include taxes.
1. Salary & Bonus 2. Rent Paid 3. Advertisement & Publicity 4. Electricity Charges 5. Traveling Expenses 6. Telephone Bill 7. Printing & Stationary 8. Postage & Telegram 9. Computer.
Wiki User
∙ 6y ago
Wiki User
∙ 11y agoDirect expense is the known set expenses engaged in doing commerce, work or activity and example is buying a car will cost you the price of the car, sales tax and interest for the loan to own that automobile....... direct is usually the direct cost of ownership or manufacturing
Indirect expenses are not necessary hidden expense but include additional requirements imposed that require owning that car to be used such as license, registration, auto insurance, state inspection, gas, auto maintenance and personal property tax........indirect is secondary expense that incur when ownership and manufacturing rights or operations must be also maintained. (ownership also engages responsible actions that too have costs).
Another classic example a puppy cost $10 that's a direct expense an indirect expense is feeding and care that comes with ownership.
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What is direct expenses and indirect expenses?
what is direct and indirect expense
How many Type Of Indirect and Direct Expenses?
there are 4 types
What is the difference between direct expense and indirect expense in financial account?
give the full chart of the direct and indirect expenses . detail about this
Are sales commissions a direct or indirect expense?
Sales commissions are direct expenses. Direct expenses are those that used to directly run a business like labor, materials products services and more. Indirect expenses are the costs of doing business and include things like rent, insurance, depreciation and more.
Some examples of direct material cost and direct labor cost?
examples of dierect material,indirect,labour,and expenses cost
What is direct expenses and indirect expenses?
what is direct and indirect expense
Staff welfare is direct or indirect expenses?
indirect expeneses
How many Type Of Indirect and Direct Expenses?
there are 4 types
What is the difference between direct expense and indirect expense in financial account?
give the full chart of the direct and indirect expenses . detail about this
What are the two bases for allocating the factory overhead expenses?
Direct and indirect
List of Direct and Indirect expenses in Accounting?
Some direct expenses for a furniture manufacturer are:Laborers' wagesHandles, locks and hingesSynthetic woodGlassWoodSome indirect expenses for a furniture manufacturer are:Power consumptionNails and screwsSupervisors' salariesVarnish, glue, paintsFactory insuranceFactory depreciationFactory manager's salary
Are sales commissions a direct or indirect expense?
Sales commissions are direct expenses. Direct expenses are those that used to directly run a business like labor, materials products services and more. Indirect expenses are the costs of doing business and include things like rent, insurance, depreciation and more.
Some examples of direct material cost and direct labor cost?
examples of dierect material,indirect,labour,and expenses cost
What are the expenses that come in indirect expenses?
The expenses those come in the debit side of the Profit & Loss Account of the Company are all indirect expenses.
What are costs that are associated with the operation of manufacturing but are not direct labor or direct materials?
Facilities Expenses - Rent, Utilities, Maintenance, InsuranceEquipment Expenses - Maintenance and Repair, DepreciationSelling Expenses such as AdvertisingOperating Expenses such as Telephone, Office Expense and Indirect LaborCosts that add no value to product such as Shipping, Warehousing, and Quality Control
What is the difference between direct expenses and indirerect expenses?
Direct expenses are those which has direct influence in production for example labor. material, and which cost is directly included in cost of goods sold. But indirect cost is not directly included in cost of goods sold.It treat as a FOH, for example nuts, gum etc.
How do you charge indirect wages in manufacturing account?
that is the order of manufacturing account Direct materials + Direct wages + Direct expenses (like loyalty fees) = prime cost Production overheads = indirect wages, depreciation Non Production overheads = like Work in progress
