Specify the expenses excluded from costs:

Related MCQs

• …………………expenses are excluded from cost.
• Expenses incurred during production other than direct materials and direct labour are called…………..factory expenses; those charged to production on estimated basis are called …………….
• Certain overhead costs cannot be directly charged to a department or cost centres. The process of distribution of such overhead costs to various departments is called
• Administration expenses are mostly……………….
• The total of all direct expenses is known as …………..cost.
• Basis of apportionment of stores service expenses is ………………..
• Basis of apportionment of welfare department expenses is…………..
• Basis of apportionment of crèche expenses is ……………..
• Machine hour rate is obtained by dividing the total running expenses of a machine during a particular period by the…………
• When …………………….is used on the basis of budgeted overheads and the rate is applied to the actual base, the actual overhead expenses may be different from the charged overheads.