Advertisements
Advertisements
प्रश्न
Distinguish between Direct Labour cost and Indirect Labour cost.
Give two differences between direct labour cost and indirect labour cost.
Advertisements
उत्तर
| Direct Labour Costs | Indirect Labour Costs |
| Direct labour is labour that takes an active and direct part in the production of a particular commodity, e.g., wages. | Labour employed to carry out tasks incident to goods produced or services provided is indirect labour, e.g., a salesman's salary. |
संबंधित प्रश्न
Write a short note on direct costs.
A firm has to pay a fixed rent of ₹ 500 for the postpaid mobile bill and further pay extra charges for the calls made in a month. Identify the type of cost mentioned here.
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
Total variable cost per unit increases ______.
The cost remains same at all levels of output is called ______ cost.
Which of the following cost is time based?
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?
Direct cost increases when ______.
Distinguish between direct costs and indirect costs.
Distinguish between shut down cost and sunk cost.
The term "variable costs" refers to ______.
Fixed cost per unit decreases when ______.
Amount spent to purchase a machinery is the example of ______ cost.
Variable cost per unit increases when ______.
A cost that is easily traceable to a cost object is known as ______.
What do you mean by Semi-Fixed cost?
Give an example of Semi-Fixed cost.
Explain with an example, the meaning of variable costs.
Write short notes on Variable Costs.
