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प्रश्न
Wages paid to a labour who was engaged in the production activities can be termed as ______.
विकल्प
Direct cost
Indirect cost
Sunk cost
Implicit cost
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उत्तर
Wages paid to a labour who was engaged in the production activities can be termed as direct costs.
Explanation:
Wages paid to labour engaged in production activities are referred to as direct costs. A direct cost is a price entirely related to the production of certain goods or services.
संबंधित प्रश्न
Distinguish between Fixed cost and Variable cost.
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.
Indirect material scrap is adjusted along with ______.
Which cost decreases with increase in the volume of output?
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 ______.
What is opportunity cost?
Explain the following:
Sunk cost
Distinguish between controllable and uncontrollable costs.
Distinguish between Direct Labour cost and Indirect Labour cost.
Give an example of opportunity cost.
Fixed cost is a cost which ______.
Amount spent to purchase a machinery is the example of ______ cost.
Give an example of Semi-Fixed cost.
Write short notes on Variable Costs.
