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Which are the direct expenses in accounts?

Direct expense is an expense incurred that varies directly with changes in the volume of a cost object. A cost object is any item for which you are measuring expenses, such as products, services, employees, and customers. Here are several examples of direct expenses:The materials used to construct a product for saleThe cost of the freight needed to transport goods to and from the manufacturing facilityThe labor incurred to produce hours billable to a clientLabor and payroll taxes paid based on the number of units producedProduction materials consumed during the manufacture of goodsThe commission and payroll taxes related to the sale of goods or servicesDirect expenses are typically listed within the cost of goods sold section of the income statement. However, commission expenses are sometimes categorized lower down, in the selling and administrative expenses section of the income statement.There are many more types of expenses that are not direct expenses - they are called indirect expenses, because they do not vary with changes in the volume of a cost object. Examples of indirect expenses are:Facility rentFacility insuranceSalaried compensationDepreciation and amortizationResearch and development


Including the direct and indirect cost alcohol related collision cost society how many billion dollars?

106


How many billion dollars annually Including the direct and indirect costs alcohol related collisions cost society?

106


Why does the direct write-off method of accounting for bad debts usually fail to match revenues and expenses?

Direct write-off normally does not match because the revenue from the sales was reported in an earlier period. It affects the revenues and expenses in the period it is written off in. If a company has many credit sales then it would be better to instead estimate an allowance for uncollectible credit accounts. That way the revenues and expenses are affected in each period and the sales numbers will represent the business' sales more accurately; provided the percentage is watched and adjusted as needed.


Is income tax a direct tax or indirect tax?

As many people know, the state and federal government level taxes are the direct form of taxation;for example, corporate taxes are another form of direct tax--those taxes levied against income earned by corporations. soc sec , medicare, estate and gift taxes are more types of direct tax, as is the income tax charged by the state you live in. The simple definition of a direct tax is one that you have no choice in paying.

Related Questions

How many types of constitution do you have?

we have two type of Constitution Direct constitution and Indirect Constitution that is type of constitution we have


Is shelter an indirect or direct object?

The noun 'shelter' can function as a direct or an indirect object in a sentence. Examples: Our church gave shelter to many of the flood victims. (direct object of the verb) They gave the bus shelter a new coat of paint. (indirect object)


What is the direct and indirect object in this sentence professional sports offer many careers?

The direct object of the verb 'offer' is careers.There is no indirect object in the sentence:Professional sports = subjectoffer = verbcareers = direct object


How many casualties did the hurricane dean cause?

40 direct & 5 indirect


How many casualties did hurricane Andrew cause?

40 direct and 5 indirect


Which are the direct expenses in accounts?

Direct expense is an expense incurred that varies directly with changes in the volume of a cost object. A cost object is any item for which you are measuring expenses, such as products, services, employees, and customers. Here are several examples of direct expenses:The materials used to construct a product for saleThe cost of the freight needed to transport goods to and from the manufacturing facilityThe labor incurred to produce hours billable to a clientLabor and payroll taxes paid based on the number of units producedProduction materials consumed during the manufacture of goodsThe commission and payroll taxes related to the sale of goods or servicesDirect expenses are typically listed within the cost of goods sold section of the income statement. However, commission expenses are sometimes categorized lower down, in the selling and administrative expenses section of the income statement.There are many more types of expenses that are not direct expenses - they are called indirect expenses, because they do not vary with changes in the volume of a cost object. Examples of indirect expenses are:Facility rentFacility insuranceSalaried compensationDepreciation and amortizationResearch and development


What is a compound indirect object sentence?

A compound indirect object is more than one indirect object. "We gave Martha and Bob many presents." ("presents" is the direct object, "Martha and Bob" is the compound indirect object)


What is the direct and indirect characterization for the Knight in Geoffrey Chaucer's Canterbury Tales?

Direct characterization of the Knight in Chaucer's Canterbury Tales describes him as a noble and distinguished figure who has participated in many battles. Indirect characterization reveals his humility and integrity through his modest attire and honorable actions.


Including the direct and indirect cost alcohol related collision cost society how many billion dollars?

106


How many billion dollars annually Including the direct and indirect costs alcohol related collisions cost society?

106


How are direct and indirect objects alike?

In English, both are in the objective case and both are complements of verbs as part of a complete predicate. (In many other languages, such as Latin and German, there is a separate "dative" case for indirect objects.)


Is global warming an indirect or direct threat to biodiversity?

Global warming is a direct threat to biodiversity because it can directly impact ecosystems through changes in temperature, precipitation patterns, and sea levels, which can result in habitat loss, shifts in species distributions, and increased extinction risks for many species.