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What else can I help you with?
Is Direct Cost an Expense?
Yes direct costs are expense when they are occurred and benefit of which are taken by company.
Is interest expense a fixed cost?
yes
Is advertising expense direct or indirect cost?
indirect
Bank interest on overdraft facility is direct expenses or indirect expenses?
Bank interest on an overdraft facility is considered a direct expense. This is because it is directly related to the cost of financing operations and is incurred as a result of borrowing funds to support day-to-day business activities. It is typically recorded as an operating expense in the financial statements.
Is the direct expense part of prime cost?
yes it is part of the prime cost
Is Direct Cost an Expense?
Yes direct costs are expense when they are occurred and benefit of which are taken by company.
Is interest expense a fixed cost?
yes
Is advertising expense direct or indirect cost?
indirect
Why is the after-tax cost of debt rather than the before-tax cost used to calculate the weighted average cost of capital?
Because interest expense is deductible. Because interest expense is deductible.
Bank interest on overdraft facility is direct expenses or indirect expenses?
Bank interest on an overdraft facility is considered a direct expense. This is because it is directly related to the cost of financing operations and is incurred as a result of borrowing funds to support day-to-day business activities. It is typically recorded as an operating expense in the financial statements.
Is the direct expense part of prime cost?
yes it is part of the prime cost
What are the components of prime cost?
Direct labor and direct materials are the two main components of prime cost. Another component of prime cost is direct expense.
Is freight in considered a cost of purchasing inventory?
yes.....direct expense..
Difference between operating expense and direct expense?
Operating expense is the cost of running your day-to-day business. Operating expenses include rent, utilities, supplies, and insurance. Direct expense is an expense that varies with changes in the cost object. Direct expenses include materials needed to manufacture a product, freight charges to transport product, and taxes related to the sale of goods.
Is interest paid the same as interest expense?
Interest paid and interest expense are closely related but not identical concepts. Interest paid refers to the actual cash outflow for interest on debt during a specific period, while interest expense is the accounting recognition of that interest cost on the income statement, which may include accrued interest not yet paid. In many cases, they can be the same, but differences can arise due to timing and accounting practices.
What journal entry accrues interest expense?
DR - Interest Expense CR - Interest Payable
What is Cost Head in accounting?
Cost head is specific head to which costs are charged like advertisement expense or direct material etc.
