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प्रश्न
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.
पर्याय
Direct cost
Indirect cost
Selling cost
Advertising cost
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उत्तर
Indirect cost
Explanation:
Indirect costs refer to expenses incurred on items not directly chargeable to production. Salaries of timekeepers, storekeepers, and foremen are examples of indirect costs.
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.
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.
Which cost decreases with increase in the volume of output?
Which of the following cost is time based?
Which definition best describes indirect costs?
Fixed cost is a cost which remains same at ______.
Direct cost increases when ______.
Fixed cost per unit decreases when ______.
"Some costs are semi-variable in nature." Comment.
What is meant by variable cost?
What do you mean by Semi-Fixed cost?
Explain with an example, the meaning of fixed costs.
Explain with an example, the meaning of variable costs.
