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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
Write a short note on direct costs.
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 ______.
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
Variable cost is a cost that ______.
Total variable cost per unit increases ______.
The cost remains same at all levels of output is called ______ cost.
Which definition best describes indirect costs?
Wages paid to a labour who was engaged in the production activities can be termed as ______.
Fixed cost is a cost which remains same at ______.
Distinguish between controllable and uncontrollable costs.
Distinguish between Direct Labour cost and Indirect Labour cost.
A cost that is easily traceable to a cost object is known as ______.
What is meant by variable cost?
Write short notes on Variable Costs.
