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what are factor that affecting the classification of a cost as direct or indirect?

The classification of a cost as direct or indirect depends on a variety of factors. Traceability: The most important factor in determining whether a cost is considered direct or indirect is the ability to trace it to the production process. Direct costs are those which can be directly traced to the production of goods or services, while indirect costs are those which cannot be traced in this way. Timing: The timing of the cost can also be a factor in determining whether it is classified as direct or indirect. Costs which are incurred before production begins are generally classified as indirect, while those incurred during the production process are typically direct. Relationship to Production Process: The relationship of the cost to the production process can also be a factor in determining whether it is considered direct or indirect. Direct costs are those which are related to the materials or labor used in the production process, while indirect costs are those which are necessary but not directly related to the production process. Controllability: Another factor in the classification of a cost as direct or indirect is the degree of control that the company has over the cost. Direct costs are those which are controllable by the company, while indirect costs are those which are uncontrollable and fixed. Flexibility: The flexibility of the cost can also be a factor in determining whether it is classified as direct or indirect. Direct costs are those which can be adjusted in response to changes in production, while indirect costs are those which remain fixed regardless of changes in production.


Can Raw materials be direct or indirect?

raw material are indirect material


What are the differences between direct costs and indirect costs give an example of each?

Direct costs are costs specifically tied to objects, like raw materials or equipment. Indirect costs affect the company as a whole, not attached to an 'object', and include things like advertisement, payroll, and depreciation of equipment.


What are direct and indirect barriers of international trade?

life


The difference between indirect and direct characteristics?

direct characterization- is when the author directly states something about the character. indirect characterization-when you learn about the character through their action and dialogue.

Related Questions

What are the 3 Factors that will affect the classification of a cost as direct or indirect?

A direct cost must be traceable directly to the product. Indirect cost can't be traced to a specific product such as electricity.


What is the scope and limitations of the study?

The scope and limitations of a study will be influenced by the factors that affect the subject of study. These are internal and external factors which cause direct and indirect influence on the subject.


What is the scope and limitation of the study?

The scope and limitations of a study will be influenced by the factors that affect the subject of study. These are internal and external factors which cause direct and indirect influence on the subject.


What is the difference between indirect and direct quote life insurance?

The difference between indirect and direct quote life insurance is that the insurance level will differ. Direct is when someone dies, indirect involves other factors.


How are direct hazards different from indirect hazards?

indirect hazards are hazards that have immediate affect, while direct hazards are hazards that is caused by something else before it affects


what are factor that affecting the classification of a cost as direct or indirect?

The classification of a cost as direct or indirect depends on a variety of factors. Traceability: The most important factor in determining whether a cost is considered direct or indirect is the ability to trace it to the production process. Direct costs are those which can be directly traced to the production of goods or services, while indirect costs are those which cannot be traced in this way. Timing: The timing of the cost can also be a factor in determining whether it is classified as direct or indirect. Costs which are incurred before production begins are generally classified as indirect, while those incurred during the production process are typically direct. Relationship to Production Process: The relationship of the cost to the production process can also be a factor in determining whether it is considered direct or indirect. Direct costs are those which are related to the materials or labor used in the production process, while indirect costs are those which are necessary but not directly related to the production process. Controllability: Another factor in the classification of a cost as direct or indirect is the degree of control that the company has over the cost. Direct costs are those which are controllable by the company, while indirect costs are those which are uncontrollable and fixed. Flexibility: The flexibility of the cost can also be a factor in determining whether it is classified as direct or indirect. Direct costs are those which can be adjusted in response to changes in production, while indirect costs are those which remain fixed regardless of changes in production.


What is direct expenses and indirect expenses?

what is direct and indirect expense


When do you say direct and indirect?

Hereunder several example of the employ of "direct" as an adjective: direct consequence, direct descendant, direct action, direct discourse or speech (British), direct evidence, direct cost. You can also use it to mean: frank, open, sincere; a direct answer, a direct way of doing things. "Direct" as an adverb: I shall write to you direct, the train goes direct to Boston . Several examples of the employ of "indirect" as an adjective: an indirect route, to make an indirect reference, to answer a question in an indirect way, indirect cost, indirect object, indirect discourse or speech (British).


How would direct and indirect light affect a globe like the earth?

It would affect it because that would cause heat transfer to change. It also changes seasons. How well a plant will grow also depend on the direct and indirect light.


Pattern of direct and indirect speech?

definition direct and indirect statement


How are direct relationship and an indirect relationship different?

ones direct and the other is indirect..


Is you a direct or indirect object?

"You" can be either a direct or indirect object: It is a direct object in "I want to kiss you." It is an indirect object in "Henry is going to give you the tickets."