Advertisements
Advertisements
प्रश्न
Which definition best describes indirect costs?
पर्याय
Indirect costs are those costs which are not controlled directly by a manager.
Indirect costs are those costs which cannot be directly associated with a product or service.
Indirect costs are always fixed.
Indirect costs are always manufacturing overhead cost.
Advertisements
उत्तर
Indirect costs are those costs which cannot be directly associated with a product or service.
Explanation:
Indirect costs cannot be directly associated with a specific product or service; they are incurred for the organisation as a whole (e.g., rent, supervisory salaries) and are allocated across products rather than charged directly.
संबंधित प्रश्न
Write a short note on direct costs.
Distinguish between Fixed cost and Variable cost.
Describe cost on the basis of behaviour.
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
Variable cost is a cost that ______.
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?
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.
Explain the following:
Sunk cost
Distinguish between direct costs and indirect costs.
Fixed cost per unit decreases when ______.
Amount spent to purchase a machinery is the example of ______ cost.
Variable cost per unit increases when ______.
A cost that is easily traceable to a cost object is known as ______.
"Some costs are semi-variable in nature." Comment.
What do you mean by Semi-Fixed cost?
Classify cost according to its nature.
Write short notes on Variable Costs.
