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Q: What should be ratio of direct and indirect expenses to the sales?
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Advantages and disadvantages of trading profit and loss account?

: Profit and loss account gives the actual information about net profit or net loss of the business for an accounting period, Profit and loss account gives the actual information about indirect expenses, Profit and loss account serves to show the ratio between net profit to sales, Profit and loss account helps in showing the ratio between net profit to operating expenses, Profit and loss account helps in controlling indirect expenses


What is cost ratio calculated by?

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Turn down ratio is the maximum to minimum heat output.Turn down ratio for direct gas fired burners is 25:1, which means that the burner can modulate from 4% to 100% of full fire. Indirect gas turn down ratio is typically 2:1, which limits the heat output from 50% to 100% of full fire. Mukesh Yadav


Is indirect material is fixed cost or variable cost?

Indirect material is normal fixed cost that is why it is allocated using some kind of ratio or formula.


Is indirect material fixed costs or variable costs?

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What is Combined ratio in property and casualty?

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