indirect
direct cost has direct relation with product manufacturing while indirect cost not and not identifiable with cost as well.
The Answer is NO. Direct costs are direct cost which can be clearly/economicaly identified with the cost object, indirect costs cannot be traced to a specific cost object, based on the definition direct cos cant be an indirect cost (Misdhaaque Ahmed)
what are the differences between direct cost and indirect cost in financial accounting
Define direct and indirect labour?"
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.
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.
No, salary is generally considered a part of the company's operating expenses rather than an administrative expense. Administrative expenses typically refer to overhead costs that support the overall operation of the business, such as office supplies, utilities, and professional fees. Salary is typically categorized as a direct cost or an indirect cost related to the production or provision of goods and services.
direct cost has direct relation with product manufacturing while indirect cost not and not identifiable with cost as well.
The Answer is NO. Direct costs are direct cost which can be clearly/economicaly identified with the cost object, indirect costs cannot be traced to a specific cost object, based on the definition direct cos cant be an indirect cost (Misdhaaque Ahmed)
Prime cost = direct materials + direct laborwhile conversion cost = direct labor + factory overhead( which includes indirect materials, indirect labor and other indirect costs
what are the differences between direct cost and indirect cost in financial accounting
yes cost function measures the direct costs along with indirect cost.
No direct costs and indirect costs are not same and opposite of each other.
Define direct and indirect labour?"
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.
Yes direct costs are expense when they are occurred and benefit of which are taken by company.
is direct cost a? Selling cost, manufacturing costs, direct, manufacturing cost indirect, general and administrative cost, fixed cost , variable cost, is direct cost a? Selling cost, manufacturing costs, direct, manufacturing cost indirect, general and administrative cost, fixed cost , variable cost,