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Question
______ means amount spent on production or to provide services.
Options
cost
profit
revenue
expenditure
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Solution
Cost means amount spent on production or to provide services.
RELATED QUESTIONS
Write a short note on direct labour cost.
Write short note on indirect labour cost.
A typical factory overhead cost is ______.
To control costs, it is essential to keep control on ______.
An example of a production overhead would be ______.
Cotton used in manufacturing cloth, sugarcane used in producing sugar, rubber used in producing shoes are examples of ______.
Salary paid to a mill manager is an example of ______ cost.
Explain different elements of cost.
What do you mean by the term Overheads?
What consist of indirect material, indirect labour, and indirect expenses?
In element-wise classification of overheads, which one of the following is not included in?
What is Indirect Labour Cost?
What are indirect expenses?
Give an example of indirect expenses.
What do you mean by office and administrative overhead?
