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प्रश्न
Distinguish between Direct Labour cost and Indirect Labour cost.
Give two differences between direct labour cost and indirect labour cost.
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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
Describe cost on the basis of behaviour.
Variable cost is a cost that ______.
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?
Wages paid to a labour who was engaged in the production activities can be termed as ______.
Which of the following best describes a fixed cost?
Fixed cost is a cost which remains same at ______.
Explain the following:
Sunk cost
Distinguish between controllable and uncontrollable costs.
Distinguish between shut down cost and sunk cost.
Give an example of opportunity cost.
Amount spent to purchase a machinery is the example of ______ cost.
"Some costs are semi-variable in nature." Comment.
What is meant by variable cost?
Give an example of Semi-Fixed cost.
Classify cost according to its nature.
Explain with an example, the meaning of fixed costs.
