Advertisements
Advertisements
Question
In element-wise classification of overheads, which one of the following is not included in?
Options
Fixed overheads
Indirect labour
Indirect materials
Indirect expenditure
Advertisements
Solution
Fixed overheads
Explanation:
Overheads are often classified element by element, with categories including indirect labour, indirect materials, and indirect expenditure. Fixed overheads, on the other hand, refer to cost behaviour (i.e., costs that do not vary with output level) rather than cost type.
APPEARS IN
RELATED QUESTIONS
Write a short note on direct labour cost.
Name and give examples of any two types of Overheads.
Which of the following is overhead cost?
An example of a production overhead would be ______.
Which of the following is related to office and administrative overheads?
What do you mean by the term Overheads?
What consist of indirect material, indirect labour, and indirect expenses?
What is indirect labor cost?
Give an example of indirect expenses.
What do you mean by office and administrative overhead?
