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WHAT IS DIRECTLY ATTRIBUTABLE COSTS
A business combination is defined in Appendix of AASB 3 as "the bringing together of separate entities or business into one reporting entity". Exposure Draft ED 139: Proposed Amendments to AASB 3 Business Combinations proposes changing (at the time of writing) this definition slightly to "a transaction r other event in which an acquirer obtains control of one or more business.
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Direct cost vs indirect cost?
Direct cost is that cost which is directly attributable to units of product like raw material and labor while indirect cost is not directly attributable like factory maintenance cost.
What is direct cost?
Direct cost is that cost which is directly attributable to products like material and labor.
How is the direct cost principles applicable to labor?
all those costs which are directly attributable to products is direct cost so all labor directly involve in production is direct cost.
What are directly attributable costs?
Cost that is directly associated with the product. eg: if you buy any product on line then you have to pay extra price for its transportation cost or sometimes it is already included in the price of the product.
What type of cost is direct labor?
direct labor is direct cost attributable to production of goods.
Direct cost vs indirect cost?
Direct cost is that cost which is directly attributable to units of product like raw material and labor while indirect cost is not directly attributable like factory maintenance cost.
What is direct cost?
Direct cost is that cost which is directly attributable to products like material and labor.
How is the direct cost principles applicable to labor?
all those costs which are directly attributable to products is direct cost so all labor directly involve in production is direct cost.
What are directly attributable costs?
Cost that is directly associated with the product. eg: if you buy any product on line then you have to pay extra price for its transportation cost or sometimes it is already included in the price of the product.
Is royalty expense an operating expense?
Yes. This will form part of operating expense classified under non manufacturing cost since this is not directly attributable to the product.
What type of cost is direct labor?
direct labor is direct cost attributable to production of goods.
What is an example of engineering expenses attributable solely to a contract?
indirect cost
Can a business can pay directly for hotel for an employee?
The way a business pays for travel for their employees is based on their policies. There are times when a business will pay for the cost of purchasing a hotel for their employees.
What is cost to a business administrator?
how much does it cost to become a business administrator
Are variable cost are always indirect cost?
No. Variable cost is the same as direct cost because it can be varied directly to the cost centre or cost unit,while indirect cost can't be varied directly to it cost centre or cost unit.
What is the difference between WACC and cost of capital?
Cost of capital is that amount which is incurred by business to acquire cost for working capital or business while WACC(Weighted average cost of capital) is that cost which is calculated if there is more than one type of capital is involved by business to arrange finances for business.
Variable cost can always be traced directly to the cost object?
No, because varible cost can be direct or indirect cost. Direct cost can always be traced directly to a cost object, but not indirect cost. For example, sales commission.
