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Question
Write a short note on indirect labour cost.
Short/Brief Note
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Solution
- The labour used to complete tasks related to the production of goods or the provision of services is referred to as indirect labour, and the associated expenses are indirect labour costs.
- Such labour does not change the product's construction, composition, or state.
- It is difficult to link it to particular output units.
- Indirect labour costs include things like storekeepers' wages, timekeepers' wages, foremen's wages, salesmen's pay, directors' fees, etc.
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Elements of Cost
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