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What is an example of engineering expenses attributable solely to a contract?
indirect cost
What is direct expenses and indirect expenses?
what is direct and indirect expense
What are the expenses that come in indirect expenses?
The expenses those come in the debit side of the Profit & Loss Account of the Company are all indirect expenses.
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.
Staff welfare is direct or indirect expenses?
indirect expeneses
What is Promotion expenses is it an expense or current liability?
it is Administative Expenses And Indirect Expenses
What does indirect expenses mean?
Indirect Expenses are those expenses which are incurred after the manufacturing process is over, e.g. selling and distribution expenses, all the administrative expenses, carraige outward, advertisement expenses because they are related indirectlt with the product manufacturing and sales.
What are the indirect fixed costs of hospital?
All fixed operating expenses from overhead (indirect) departments
A difficult problem in calculating the total costs and expenses of a department is?
Assigning indirect expenses to the department
What are overheads?
overheads are three indirect elements of cost. The three elements being-i ndirect material, indirect labour and indirect expenses. these indirect elements of cost have no bearing whatsoev er with the level of activity or volume of production. Examples of these indirect elements are- in making shirts. buttons and thread will be indirect material, rent of the factory will be indirect expenses and salary of the storekeeper will be indirect labour these three would be collectively called overheads.
How many Type Of Indirect and Direct Expenses?
there are 4 types
What are the two bases for allocating the factory overhead expenses?
Direct and indirect
