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Yes direct costs are expense when they are occurred and benefit of which are taken by company.
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Is interest expense a Direct Cost?
Interest expense is not a direct cost because it is not used to manufacture the products rather it is paid to acquire the capital.
Is advertising expense direct or indirect cost?
indirect
Is the direct expense part of prime cost?
yes it is part of the prime cost
Is freight in considered a cost of purchasing inventory?
yes.....direct expense..
What is Cost Head in accounting?
Cost head is specific head to which costs are charged like advertisement expense or direct material etc.
Is interest expense a Direct Cost?
Interest expense is not a direct cost because it is not used to manufacture the products rather it is paid to acquire the capital.
Is advertising expense direct or indirect cost?
indirect
Is the direct expense part of prime cost?
yes it is part of the prime cost
What are the components of prime cost?
Direct labor and direct materials are the two main components of prime cost. Another component of prime cost is direct expense.
Is freight in considered a cost of purchasing inventory?
yes.....direct expense..
Difference between operating expense and direct expense?
Operating expense is the cost of running your day-to-day business. Operating expenses include rent, utilities, supplies, and insurance. Direct expense is an expense that varies with changes in the cost object. Direct expenses include materials needed to manufacture a product, freight charges to transport product, and taxes related to the sale of goods.
What is Cost Head in accounting?
Cost head is specific head to which costs are charged like advertisement expense or direct material etc.
What is prime expense?
Prime Cost(Expenses) = Direct Material + Direct Labour
What are the direct and indirect costs of a work comp claim?
A direct cost example is the medical expense claim, and an example of an indirect cost is the lost productivity of the injured employee AND the staff who has to process the claim.
Is insurance a direct or indirect expense?
indirect-expense
Is insurance on inventory a direct expense?
insurance is an indirect expense.............
An expense that does not require allocation between departments is a?
direct expense
