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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
Distinguish between Fixed cost and Variable cost.
Describe cost on the basis of behaviour.
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?
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 direct costs and indirect costs.
Give an example of opportunity cost.
Fixed cost is a cost which ______.
Fixed cost per unit decreases when ______.
Variable cost per unit increases when ______.
"Some costs are semi-variable in nature." Comment.
Explain with an example, the meaning of variable costs.
Write short notes on Variable Costs.
