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प्रश्न
Distinguish between direct costs and indirect costs.
Give difference between Direct Cost and Indirect Cost.
Write differences between:
Direct Cost and Indirect Cost
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उत्तर
| Basis of Comparison | Direct Cost | Indirect Cost |
| Meaning: | The costs which are directly attributable to a particular cost unit or cost centre. | The costs which are not directly attributable to a particular cost unit or cost centre. |
| Benefits: | Specific projects | Multiple projects |
| Aggregate: | When all the direct costs are taken together they are known as prime costs. | Total of all the indirect costs is called as overheads or on cost. |
| Traceable: | Yes | No |
| Classification: | Direct material, direct labour, direct expenses. | Indirect material, indirect labour indirect expenses. |
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संबंधित प्रश्न
Write a short note on direct costs.
Distinguish between Fixed cost and Variable cost.
Describe cost on the basis of behaviour.
Indirect material scrap is adjusted along with ______.
The cost remains same at all levels of output is called ______ cost.
It refers to the expenses incurred on those items which are not directly chargeable to production. Salaries of timekeeper, foremen and watchmen are examples of this cost. This cost is incurred for the concern as a whole rather than a particular product.
Which definition best describes indirect costs?
Which of the following best describes a fixed cost?
Direct cost increases when ______.
Distinguish between controllable and uncontrollable costs.
The term "variable costs" refers to ______.
Fixed cost is a cost which ______.
Variable cost per unit increases when ______.
What is meant by variable cost?
Explain with an example, the meaning of fixed costs.
