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What is direct expenses and indirect expenses?
what is direct and indirect expense
Is direct labor and direct material having any link with direct expenses?
Both direct labor and direct material are part of direct expenses incurred by company to manufactured goods or providing services and both have direct relations with direct expenses it means as much as direct material and direct labor as much the direct expenses which is total of both of them.
What is marginal costing and direct costing?
Marginal costing is a technique of costing where the variable expenses are charged to a product. It ignores the fixed expenses incurred by the business in fixing the price of a product on the assumption that the fixed expenses are not incurred in producing an additional unit.They are treated as period costs& charged directly to P& L A/C.Marginal cost is the cost of producing an additional unit of product.It takes the direct expenses & the variable portion of the overhead expenditure. But Direct costing takes into account only the direct expenses like direct mterials, direct labour & direct expenditure for finding out the cost of a product.
What is the sum of direct labor and direct materials called?
prime cost = direct labour cost + direct material cost + direct expenses
Is sales commission a direct expense?
no it is not deirect expenses
Direct expenses list?
Direct Expenses are: The direct expenses means those cost incurred directly to the production which are: 1. Workers wages 2. Material Cost 3. Manufacturing Cost 4. Transport 5. Factory Rent 6. Electricity Power 7. Fuel and etc
Is work expenses direct or not?
yes , work expenses are direct
List of Direct and Indirect expenses in Accounting?
Some direct expenses for a furniture manufacturer are:Laborers' wagesHandles, locks and hingesSynthetic woodGlassWoodSome indirect expenses for a furniture manufacturer are:Power consumptionNails and screwsSupervisors' salariesVarnish, glue, paintsFactory insuranceFactory depreciationFactory manager's salary
What is direct expenses and indirect expenses?
what is direct and indirect expense
Is direct labor and direct material having any link with direct expenses?
Both direct labor and direct material are part of direct expenses incurred by company to manufactured goods or providing services and both have direct relations with direct expenses it means as much as direct material and direct labor as much the direct expenses which is total of both of them.
What is prime expense?
Prime Cost(Expenses) = Direct Material + Direct Labour
What account head can be used for petrol expenses?
Direct expenses
Can purchases be defined as direct expenses?
yes it is direct
What account head can be used in tally for expenses of Pizza?
direct expenses
What is marginal costing and direct costing?
Marginal costing is a technique of costing where the variable expenses are charged to a product. It ignores the fixed expenses incurred by the business in fixing the price of a product on the assumption that the fixed expenses are not incurred in producing an additional unit.They are treated as period costs& charged directly to P& L A/C.Marginal cost is the cost of producing an additional unit of product.It takes the direct expenses & the variable portion of the overhead expenditure. But Direct costing takes into account only the direct expenses like direct mterials, direct labour & direct expenditure for finding out the cost of a product.
What is the sum of direct labor and direct materials called?
prime cost = direct labour cost + direct material cost + direct expenses
Is sales commission a direct expense?
no it is not deirect expenses
