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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
Difference between net income and gross income?
Gross income is the difference between revenue and direct expenses while net income is the income from all activities of business whether oprating activities or other activities.
What is the difference between direct and indirect home office expenses?
Direct home office expenses are costs that can be specifically attributed to the home office, such as office supplies or equipment. Indirect home office expenses are costs that are shared with the rest of the household, such as utilities or rent, and are allocated based on a percentage of use for the home office.
Is work expenses direct or not?
yes , work expenses are direct
What is the Difference between Gross profit Net profit?
Gross Profit = Sales - Cost of Sales and Direct cost Net Profit = G.P - Indirect Expenses By Cyril Joseph
What is direct expenses and indirect expenses?
what is direct and indirect expense
Difference between marginal cost accounting statements and absorption cost accounting statement?
marginal costing considers only direct) materials,labour,expenses and variable factory overheads excluding fixed factory overheads but absorption considers (direct) materials ,labour,expenses,variable and fixed factory overheads.
What is the difference between direct and indirect expenses?
Direct Expenses are those costs directly related to the principal activity of the business. Examples include the raw materials used to manufacture a product and the labor costs associated with the work performed to produce the product. Indirect Expenses are those not directly related to the principal activity of the business. Examples include Sales activities, Research and Development activities, and Administrative activities. Simple example: An auto repair business. Direct Expenses would include parts purchased from a vendor to repair an automobile and the labor costs associated with the mechanic who performed the actual repair. Indirect Expenses would include the auto repair shop's advertising costs and the labor costs of the front office receptionist.
What is the difference between direct tax and non-direct tax?
difference b/w direct tax and indirect tax
Is direct labor and direct material having any link with direct expenses?
Both direct labor and direct material are part of direct expenses incurred by company to manufactured goods or providing services and both have direct relations with direct expenses it means as much as direct material and direct labor as much the direct expenses which is total of both of them.
List of direct expenses?
Some direct expenses include direct labor and materials. Companies try to reduce the cost of direct expenses because they impact the cost of the product.
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.
