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Question
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
Options
Direct
Indirect
Primary
Money
Solution
Overheads are often related to accounting concepts such as fixed cost and direct cost.
RELATED QUESTIONS
Write a short note on Direct costs.
Indirect material scrap is adjusted along with ______.
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Total variable cost per unit increases ______.
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.
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Give an example of opportunity cost.
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