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What are the differences between direct cost and indirect cost in management accounting.?
what are the differences between direct cost and indirect cost in financial accounting
What is the difference between direct cost of sales and total cost of sales?
total cost of sales may include indirect cost as well while direct cost of sales only included direct costs.
Explain the difference between direct cost and indirect costs?
Direct cost are those costs which varies directly with variation in volume of products units like direct labor or direct material while indirect cost has not direct connection with volume of units of products like depreciation building rent supervisors salary etc.
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
Can direct cost be indirect cost?
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 management accounting.?
what are the differences between direct cost and indirect cost in financial accounting
What is the difference between direct cost of sales and total cost of sales?
total cost of sales may include indirect cost as well while direct cost of sales only included direct costs.
Explain the difference between direct cost and indirect costs?
Direct cost are those costs which varies directly with variation in volume of products units like direct labor or direct material while indirect cost has not direct connection with volume of units of products like depreciation building rent supervisors salary etc.
What is the definition of labor ratios?
cost relationship between direct and indirect.
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
Can direct cost be indirect cost?
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 and conversion cost?
Prime cost = direct materials + direct laborwhile conversion cost = direct labor + factory overhead( which includes indirect materials, indirect labor and other indirect costs
Can cost function measure direct cost as well as indirect cost?
yes cost function measures the direct costs along with indirect cost.
Is advertising expense direct or indirect cost?
indirect
Is direct cost same to indirect cost?
No direct costs and indirect costs are not same and opposite of each other.
What is the difference between direct expenses and indirerect expenses?
Direct expenses are those which has direct influence in production for example labor. material, and which cost is directly included in cost of goods sold. But indirect cost is not directly included in cost of goods sold.It treat as a FOH, for example nuts, gum etc.
What are the differences between direct cost and indirect cost in management accounting?
Direct costs are the ones that can be traced back to specific objects or items. Indirect costs cannot be traced accurately to anything specific.
