Costs are classified between direct and indirect costs according to method of classification by

Related MCQs

• Costs are classified into fixed costs, variable costs and semi-variable costs, it is known as
• Direct Wages 2,05,000 and Factory Cost 5,60,000. If the ratio of direct wages and factory overhead is 5 : 3 then Direct Material Cost will be
• All indirect costs are termed as
• The branch of the accounting dealing with the classification, recording, allocation, summarizing and reporting of current and prospective costs, is known as
• The costs are differentiated between fixed and variable costs under
• On the basis of “Relationship with accounting period” costs are classified as
• Indirect material cost is a part of
• Which method of costing is used for determination of costs for printing industry?
• Direct Expenses are also known as
• A technique and process of ascertaining costs is known as