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What are advantages of indirect production?
leads to avariety of good
What are production aspect?
All of the following are aspects of mass production except who? organized labor. What is the difference between production direct production and indirect ...
What is indirect production?
this is the comparison of what they need or want by exchanging or traing
What are advantages of indirect production in commerce?
Indirect production in commerce refers to the process of outsourcing certain tasks or processes to third-party suppliers or manufacturers. One advantage of indirect production is cost savings, as it allows businesses to benefit from economies of scale and specialization. Another advantage is increased flexibility, as companies can adjust their production levels more easily in response to market demand. Additionally, indirect production can also lead to improved quality and innovation through collaboration with specialized suppliers.
Is fixed cost the same as indirect cost?
NO both are not same as fixed cost is cost which remains fixed with change in production level while indirect cost is that cost which is not directly related for the production of units.
How do managers decide whether a cost is direct or indirect?
It is not matter of decision by management, direct cost is that cost which is directly related with the production and separately identifiable with production volume while indirect cost is that cost which is not directly related with production volume and not separately identifiable.
Is research development cost direct or indirect cost?
Research and development cost is indirect cost as this cost is not directly required to manufacturing the production units and that’s why always an indirect cost.
How do you you change Direct Speech to Indirect?
E.G. he is really annoying me=You are really annoying me
What are overheads?
overheads are three indirect elements of cost. The three elements being-i ndirect material, indirect labour and indirect expenses. these indirect elements of cost have no bearing whatsoev er with the level of activity or volume of production. Examples of these indirect elements are- in making shirts. buttons and thread will be indirect material, rent of the factory will be indirect expenses and salary of the storekeeper will be indirect labour these three would be collectively called overheads.
Are property taxes on buildings a period cost or a production cost?
indirect product cost
How do you change indirect speech to direct speech?
E.G. he is really annoying me=You are really annoying me
What different between Direct materials and Indirect materials?
Direct material is that material which directly involve in production of units like "wood" for furniture. Indirect material is that material which is not directly identifiable or allocatabl to product like "kneedles" in production of furniture
