What is the difference between direct and indirect costs?
Question:
What is the difference between direct and indirect costs?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
The main difference between direct and indirect costs lies in their relationship to a specific cost ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Gapenski's Healthcare Finance An Introduction To Accounting And Financial Management
ISBN: 9781640551862
7th Edition
Authors: Kristin L. Reiter, Paula H. Song
Question Posted:
Students also viewed these Business questions
-
1. Describe the three management functions commonly executed by managers within their organization. 2. What are the benefits of ethical practices and corporate governance? 3. Explain the differences...
-
Randys, a family-owned restaurant chain operating in Alabama, has grown to the point that expansion throughout the entire Southeast is feasible. The proposed expansion would require the firm to raise...
-
1. What is the total cost of one ream of fabric transferred from the Fabric Department to the Finishing Department during the transfer? 2. What is the total cost of finished goods inventory at the...
-
Posting the entries from the sales journal to the accounts receivable subsidiary ledger should be done ______. a). at the end of each month b). on a weekly basis c). on a daily basis d). only at the...
-
1. Which of the following will generally create a more stable nucleus? (a) Having more nucleons. (b) Having more protons than neutrons. (c) Having a larger binding energy per nucleon. (d) Having the...
-
A friend of yours needs an inductance of \(2 \mathrm{H}\) for one of the circuits he is building. You offer him a cylindrical piece of insulating material of length \(30 \mathrm{~cm}\) and radius \(2...
-
During an audit of the financial statements of Custer-McClurg, Inc., Timothy Barnes, the engagement manager, requested and received a client prepared property and casualty insurance spreadsheet that...
-
For each of the types of common cost in the first column, select the most appropriate allocation base from the second column: Common Cost Allocation Base Building Utilities . Value of Equipment and...
-
answer the following questions based on the below statement: "Communication and relationship management are two most important skills needed for success in any place of business". Based on the above...
-
Give several examples of indirect and direct costs for a hospitals emergency services department.
-
Charity Hospital, a not-for-profit, has a maximum capacity of 15,000 discharges per year. Variable patient service costs are $495 per discharge. Variable general and administrative costs are $5 per...
-
You are wondering whom to interview, how many to interview, and how to process the results so that your questions can be answered at the lowest possible cost. Identify the basic activity of...
-
What is the calculation of the monthly and a yearly view for the below job? Including that all dollars have a purpose and whether there is a surplus or a deficit after all areas are considered and...
-
b. Draw a graph showing the marginal cost, average variable cost, and average cost curves. Using the tools provided plot 5 points for the marginal cost curve, 5 points for the average variable curve...
-
5 Carbon dioxide undergoes a thermodynamic cycle consisting of four processes: 1-2: Isobaric heating process from P = 27.5 bar, T = 68C to state 2, where the volume increase twice the initial 2-3...
-
9 101) Cakulate EP unit costs per ingredient. Next find total value of the inventory on hand for the end of the month of June. 11 2) Calculate cost of goods sold (sales) 12 31 Cost out each...
-
Mt. Repose Manufacturing Company uses a process cost system. Its manufacturing operation is carried on in two departments: Machining and Finishing. The Machining Department uses the average cost...
-
QUESTION 2 The CEO of Farisha Hijab Sdn Bhd insisted on further investigation to be carried out that he also required Mr Muaz to conduct the analysis of variance for the material and labour of the...
-
Start with the partial model in the file Ch20 P06 Build a Model.xls on the textbooks Web site. Schumann Shoe Manufacturer is considering whether or not to refund a $70 million, 10% coupon, 30-year...
-
Define each of the following terms: a. Synergy; merger b. Horizontal merger; vertical merger; congeneric merger; conglomerate merger c. Friendly merger; hostile merger; defensive merger; tender...
-
Define each of the following terms: a. Synergy; merger b. Horizontal merger; vertical merger; congeneric merger; conglomerate merger c. Friendly merger; hostile merger; defensive merger; tender...
-
Required information In an acoustics experiment, a piano string with a mass of 4.81 g and a length of 69.9 cm is held under tension by running the string over a frictionless pulley and hanging a...
-
Draw the combined source / receiver energy diagram of a hot object ( such as your hand ) pushing or pulling on a cold object ( such as a container of ice cream ) as it moves it from the freezer to a...
-
10. Some rabbits can jump as high as four feet. Calculate the rabbit's vertical speed when the rabbit leaves the ground. (Hint: Use 32.2 ft/s instead of 9.81 m/s. Also, what is the rabbit's speed at...
Study smarter with the SolutionInn App